Cost of food in Zimbabwe increased 719.23 percent in December of 2019 over the same month in the previous year. Food Inflation in Zimbabwe averaged 1950496.25 percent from 2003 until 2019, reaching an all time high of 353131459.30 percent in July of 2008 and a record low of -15.10 percent in December of 2009.
Food Inflation in Zimbabwe is expected to be 480.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Food Inflation in Zimbabwe to stand at 400.00 in 12 months time. In the long-term, the Zimbabwe Food Inflation is projected to trend around 270.00 percent in 2020, according to our econometric models.