Cost of food in Algeria decreased 1.80 percent in August of 2020 over the same month in the previous year.
Food Inflation in Algeria averaged 3.91 percent from 2010 until 2020, reaching an all time high of 15.87 percent in April of 2012 and a record low of -3.50 percent in June of 2019. This page provides the latest reported value for - Algeria Food Inflation - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Algeria Food Inflation - values, historical data and charts - was last updated on October of 2020.
Food Inflation in Algeria is expected to be 0.40 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Food Inflation in Algeria to stand at 0.60 in 12 months time. In the long-term, the Algeria Food Inflation is projected to trend around 1.10 percent in 2021 and 1.40 percent in 2022, according to our econometric models.