Cost of food in Venezuela increased 1298 percent in October of 2021 over the same month in the previous year. source: Banco Central De Venezuela
Food Inflation in Venezuela averaged 14601.04 percent from 2009 until 2021, reaching an all time high of 371545.60 percent in February of 2019 and a record low of 17.89 percent in August of 2012. This page provides - Venezuela Food Inflation - actual values, historical data, forecast, chart, statistics, economic calendar and news. Venezuela Food Inflation - values, historical data and charts - was last updated on November of 2021.
Food Inflation in Venezuela is expected to be 1800.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Venezuela Food Inflation is projected to trend around 1800.00 percent in 2022 and 700.00 percent in 2023, according to our econometric models.