Cost of food in Barbados decreased 1.10 percent in December of 2018 over the same month in the previous year. Food Inflation in Barbados averaged 5.58 percent from 2002 until 2018, reaching an all time high of 17.08 percent in September of 2008 and a record low of -2.40 percent in September of 2018.
Food Inflation in Barbados is expected to be 0.60 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Food Inflation in Barbados to stand at 1.40 in 12 months time. In the long-term, the Barbados Food Inflation is projected to trend around 1.60 percent in 2020, according to our econometric models.