Cost of food in Libya decreased 8.43 percent in September of 2019 over the same month in the previous year.
Food Inflation in Libya averaged 11.35 percent from 2005 until 2019, reaching an all time high of 52.64 percent in December of 2017 and a record low of -12.12 percent in October of 2012. This page provides - Libya Food Inflation - actual values, historical data, forecast, chart, statistics, economic calendar and news. Libya Food Inflation - values, historical data and charts - was last updated on April of 2020. source: Bureau of Statistics and Census Libya
Food Inflation in Libya is expected to be 4.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Food Inflation in Libya to stand at 5.60 in 12 months time. In the long-term, the Libya Food Inflation is projected to trend around 6.00 percent in 2021 and 6.50 percent in 2022, according to our econometric models.