Cost of food in Cyprus decreased 1.50 percent in July of 2020 over the same month in the previous year.
Food Inflation in Cyprus averaged 1.65 percent from 2007 until 2020, reaching an all time high of 12.09 percent in October of 2008 and a record low of -6.39 percent in March of 2016. This page provides the latest reported value for - Cyprus Food Inflation - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Cyprus Food Inflation - values, historical data and charts - was last updated on August of 2020.
Food Inflation in Cyprus is expected to be 2.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Food Inflation in Cyprus to stand at 2.00 in 12 months time. In the long-term, the Cyprus Food Inflation is projected to trend around 2.00 percent in 2021, according to our econometric models.