Cost of food in Bolivia increased 2 percent in December of 2019 over the same month in the previous year. Food Inflation in Bolivia averaged 6.29 percent from 1993 until 2019, reaching an all time high of 32.87 percent in June of 2008 and a record low of -4.97 percent in October of 2001.
Food Inflation in Bolivia is expected to be 2.70 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Food Inflation in Bolivia to stand at 2.80 in 12 months time. In the long-term, the Bolivia Food Inflation is projected to trend around 3.50 percent in 2020, according to our econometric models.