Cost of food in Albania increased 2.60 percent in August of 2019 over the same month in the previous year. Food Inflation in Albania averaged 3.98 percent from 2008 until 2019, reaching an all time high of 8.66 percent in May of 2010 and a record low of -1.44 percent in February of 2012.
Food Inflation in Albania is expected to be 3.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Food Inflation in Albania to stand at 3.60 in 12 months time. In the long-term, the Albania Food Inflation is projected to trend around 4.00 percent in 2020, according to our econometric models.