Cost of food in Venezuela increased 2795 percent in March of 2021 over the same month in the previous year. source: Banco Central De Venezuela

Food Inflation in Venezuela averaged 15203.73 percent from 2009 until 2021, reaching an all time high of 371545.60 percent in February of 2019 and a record low of 17.89 percent in August of 2012. This page provides - Venezuela Food Inflation - actual values, historical data, forecast, chart, statistics, economic calendar and news. Venezuela Food Inflation - values, historical data and charts - was last updated on August of 2021.

Food Inflation in Venezuela is expected to be 2900.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Food Inflation in Venezuela to stand at 2400.00 in 12 months time. In the long-term, the Venezuela Food Inflation is projected to trend around 1800.00 percent in 2022 and 700.00 percent in 2023, according to our econometric models.

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Venezuela Food Inflation

Actual Previous Highest Lowest Dates Unit Frequency
2190.00 2782.70 371545.60 17.89 2009 - 2021 percent Monthly

Venezuela Prices Last Previous Highest Lowest Unit
Inflation Rate 2719.50 2940.80 344509.50 3.22 percent [+]
Inflation Rate Mom 28.50 24.60 196.60 0.80 percent [+]
Consumer Price Index CPI 1195583.00 930306.19 1195583.00 0.00 million points [+]
Food Inflation 2190.00 2782.70 371545.60 17.89 percent [+]
CPI Transportation 1195053805.30 913915208.77 1195053805.30 0.10 thousand points [+]