Cost of food in Cayman Islands increased 4.60 percent in December of 2018 over the same month in the previous year. Food Inflation in Cayman Islands averaged 1.37 percent from 1998 until 2018, reaching an all time high of 7.67 percent in the third quarter of 2008 and a record low of -32.19 percent in the fourth quarter of 2009.
Food Inflation in Cayman Islands 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 Cayman Islands to stand at 2.60 in 12 months time. In the long-term, the Cayman Islands Food Inflation is projected to trend around 2.80 percent in 2020, according to our econometric models.