Cost of food in Belize increased 1.40 percent in August of 2020 over the same month in the previous year. source: Statistical Institute of Belize
Food Inflation in Belize averaged 0 percent from 2013 until 2020, reaching an all time high of 3.54 percent in January of 2014 and a record low of -2.50 percent in January of 2017. This page provides the latest reported value for - Belize Food Inflation - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Belize Food Inflation - values, historical data and charts - was last updated on December of 2020.
Food Inflation in Belize is expected to be 0.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Food Inflation in Belize to stand at 1.00 in 12 months time. In the long-term, the Belize Food Inflation is projected to trend around 1.10 percent in 2021 and 0.90 percent in 2022, according to our econometric models.