Cost of food in Burkina Faso increased 6.60 percent in August of 2020 over the same month in the previous year.
Food Inflation in Burkina Faso averaged 1.22 percent from 2010 until 2020, reaching an all time high of 9.75 percent in September of 2012 and a record low of -9.80 percent in September of 2019. This page provides - Burkina Faso Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Burkina Faso Food Inflation - values, historical data and charts - was last updated on October of 2020.
Food Inflation in Burkina Faso is expected to be 6.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Food Inflation in Burkina Faso to stand at 2.40 in 12 months time. In the long-term, the Burkina Faso Food Inflation is projected to trend around 2.00 percent in 2021 and 3.00 percent in 2022, according to our econometric models.