Cost of food in Macau increased 2.93 percent in August of 2020 over the same month in the previous year.
Food Inflation in Macau averaged 3.85 percent from 1999 until 2018, reaching an all time high of 19.97 percent in July of 2008 and a record low of -5.46 percent in September of 1999. This page provides the latest reported value for - Macao Food Inflation - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Macau Food Inflation - values, historical data and charts - was last updated on October of 2020.
Food Inflation in Macau is expected to be 2.90 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Food Inflation in Macau to stand at 2.40 in 12 months time. In the long-term, the Macau Food Inflation is projected to trend around 2.40 percent in 2021, according to our econometric models.