Cost of food in Venezuela increased 154.60 percent in May of 2022 over the same month in the previous year. source: Banco Central De Venezuela
Food Inflation in Venezuela averaged 13983.79 percent from 2009 until 2022, 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 June of 2022.
Food Inflation in Venezuela is expected to be 350.00 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 150.00 percent in 2023, according to our econometric models.