Food prices in Zimbabwe rose 953.5 percent in May of 2020, slowing from a 980.4 percent jump in the previous month.The country has been struggling with food shortages due to prolonged drought. The recent plague of desert locusts and the novel coronavirus are already the biggest threats to the country's food supply.
Food Inflation in Zimbabwe averaged 1919871.72 percent from 2003 until 2020, reaching an all time high of 353131459.30 percent in July of 2008 and a record low of -15.10 percent in December of 2009. This page provides the latest reported value for - Zimbabwe Food Inflation - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Zimbabwe Food Inflation - values, historical data and charts - was last updated on July of 2020.
Food Inflation in Zimbabwe is expected to be 965.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Food Inflation in Zimbabwe to stand at 500.00 in 12 months time. In the long-term, the Zimbabwe Food Inflation is projected to trend around 300.00 percent in 2021 and 180.00 percent in 2022, according to our econometric models.