Cost of food in Zambia increased 17 percent in April of 2020 over the same month in the previous year.
Food Inflation in Zambia averaged 9.32 percent from 2011 until 2020, reaching an all time high of 26.50 percent in April of 2016 and a record low of 3.50 percent in May of 2011. This page provides - Zambia Food Inflation - actual values, historical data, forecast, chart, statistics, economic calendar and news. Zambia Food Inflation - values, historical data and charts - was last updated on May of 2020. source: Central Statistical Office, Zambia
Food Inflation in Zambia is expected to be 15.80 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Food Inflation in Zambia to stand at 14.00 in 12 months time. In the long-term, the Zambia Food Inflation is projected to trend around 10.00 percent in 2021 and 8.00 percent in 2022, according to our econometric models.