Cost of food in Bermuda increased 2.50 percent in February of 2020 over the same month in the previous year.
Food Inflation in Bermuda averaged 2.33 percent from 2015 until 2020, reaching an all time high of 3.70 percent in January of 2015 and a record low of 0.40 percent in April of 2017. This page provides - Bermuda Food Inflation- actual values, historical data, forecast, chart, statistics, economic calendar and news. Bermuda Food Inflation - values, historical data and charts - was last updated on July of 2020.
Food Inflation in Bermuda is expected to be 2.20 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Food Inflation in Bermuda to stand at 2.50 in 12 months time. In the long-term, the Bermuda Food Inflation is projected to trend around 2.70 percent in 2021 and 3.00 percent in 2022, according to our econometric models.