Cost of food in the United Kingdom increased 1.70 percent in December of 2019 over the same month in the previous year.
Food Inflation in the United Kingdom averaged 2.49 percent from 1989 until 2019, reaching an all time high of 13 percent in August of 2008 and a record low of -3.30 percent in February of 2015. This page provides the latest reported value for - United Kingdom Food Inflation - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. source: Office for National Statistics
Food Inflation in the United Kingdom is expected to be 1.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Food Inflation in the United Kingdom to stand at 1.60 in 12 months time. In the long-term, the United Kingdom Food Inflation is projected to trend around 1.90 percent in 2020, according to our econometric models.