Cost of food in Faroe Islands decreased 0.15 percent in September of 2021 over the same month in the previous year. source: Statistics Faroe Islands
Food Inflation in Faroe Islands averaged 1.39 percent from 2002 until 2021, reaching an all time high of 8.70 percent in the third quarter of 2008 and a record low of -1.60 percent in the fourth quarter of 2009. This page provides - Faroe Islands Food Inflation- actual values, historical data, forecast, chart, statistics, economic calendar and news. Faroe Islands Food Inflation - values, historical data and charts - was last updated on December of 2021.
Food Inflation in Faroe Islands is expected to be -0.18 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Faroe Islands Food Inflation is projected to trend around 0.09 percent in 2022 and 0.04 percent in 2023, according to our econometric models.