Cost of food in Cape Verde decreased 0.90 percent in May of 2021 over the same month in the previous year. source: INE, Cape Verde

Food Inflation in Cape Verde averaged 2.29 percent from 2006 until 2021, reaching an all time high of 13.80 percent in October of 2008 and a record low of -3.70 percent in October of 2009. This page provides the latest reported value for - Cape Verde Food Inflation - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Cape Verde Food Inflation - values, historical data and charts - was last updated on June of 2021.

Food Inflation in Cape Verde is expected to be 0.70 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Food Inflation in Cape Verde to stand at 1.00 in 12 months time. In the long-term, the Cape Verde Food Inflation is projected to trend around 2.30 percent in 2022, according to our econometric models.

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Cape Verde Food Inflation

Actual Previous Highest Lowest Dates Unit Frequency
-0.90 -2.50 13.80 -3.70 2006 - 2021 percent Monthly
2018=100

Cape Verde Prices Last Previous Highest Lowest Unit
Inflation Rate 1.30 0.00 10.20 -4.40 percent [+]
Food Inflation -0.90 -2.50 13.80 -3.70 percent [+]
Inflation Rate Mom 0.50 0.10 1.40 -1.30 percent [+]
Consumer Price Index CPI 102.70 102.20 102.70 81.90 points [+]
Core Consumer Prices 103.20 102.40 103.20 92.28 points [+]
Core Inflation Rate 1.00 0.20 3.70 -0.80 percent [+]
Cpi Housing Utilities 101.10 101.33 113.50 80.30 points [+]
Cpi Transportation 104.64 103.38 108.60 86.40 points [+]