Cost of food in Germany increased 4.20 percent in May of 2020 over the same month in the previous year.
Food Inflation in Germany averaged 1.53 percent from 1992 until 2020, reaching an all time high of 8.22 percent in March of 2008 and a record low of -3.09 percent in October of 2009. This page provides the latest reported value for - Germany Food Inflation - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Germany Food Inflation - values, historical data and charts - was last updated on July of 2020. source: Federal Statistical Office
Food Inflation in Germany is expected to be 2.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Food Inflation in Germany to stand at 1.20 in 12 months time. In the long-term, the Germany Food Inflation is projected to trend around 1.50 percent in 2021 and 1.70 percent in 2022, according to our econometric models.