Cost of food in Nicaragua increased 4.20 percent in December of 2020 over the same month in the previous year. source: Banco Central de Nicaragua
Food Inflation in Nicaragua averaged 8.07 percent from 2005 until 2020, reaching an all time high of 35.25 percent in August of 2008 and a record low of -8.74 percent in December of 2009. This page provides the latest reported value for - Nicaragua Food Inflation - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Nicaragua Food Inflation - values, historical data and charts - was last updated on March of 2021.
Food Inflation in Nicaragua is expected to be 4.30 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Food Inflation in Nicaragua to stand at 4.10 in 12 months time. In the long-term, the Nicaragua Food Inflation is projected to trend around 4.10 percent in 2022 and 3.90 percent in 2023, according to our econometric models.