Cost of food in Somalia increased 14.74 percent in May of 2022 over the same month in the previous year. source: Directorate of National Statistics, Somalia

Food Inflation in Somalia averaged 5.41 percent from 2018 until 2022, reaching an all time high of 14.74 percent in May of 2022 and a record low of -3.60 percent in October of 2020. This page provides - Somalia Food Inflation- actual values, historical data, forecast, chart, statistics, economic calendar and news. Somalia Food Inflation - values, historical data and charts - was last updated on June of 2022.

Food Inflation in Somalia is expected to be 13.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Somalia Food Inflation is projected to trend around 7.00 percent in 2023 and 5.00 percent in 2024, according to our econometric models.

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Somalia Food Inflation

Related Last Previous Unit Reference
Inflation Rate 6.70 6.50 percent May 2022
Food Inflation 14.74 11.92 percent May 2022
CPI Transportation 111.13 111.13 points May 2022
CPI Housing Utilities 121.83 121.67 points May 2022
Consumer Price Index CPI 134.85 132.90 points May 2022
Inflation Rate Mom 1.50 2.30 percent May 2022

Somalia Food Inflation
In Somalia, Food & Non-Alcoholic Beverages accounts for 46 percent of total Consumer Price Index (CPI).
Actual Previous Highest Lowest Dates Unit Frequency
14.74 11.92 14.74 -3.60 2018 - 2022 percent Monthly