Cost of food in Somalia increased 5.91 percent in August of 2021 over the same month in the previous year. source: Directorate of National Statistics, Somalia

Food Inflation in Somalia averaged 4.37 percent from 2018 until 2021, reaching an all time high of 11.03 percent in February of 2018 and a record low of -3.60 percent in October of 2020. This page provides - Somalia Food Inflation- actual values, historical data, forecast, chart, statistics, economic calendar and news. Somalia Food Inflation - values, historical data and charts - was last updated on September of 2021.

Food Inflation in Somalia is expected to be 2.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Somalia Food Inflation is projected to trend around 4.00 percent in 2022 and 5.00 percent in 2023, according to our econometric models.

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Somalia Food Inflation

Actual Previous Highest Lowest Dates Unit Frequency
5.91 1.35 11.03 -3.60 2018 - 2021 percent Monthly
NSA

Somalia Prices Last Previous Highest Lowest Unit
Inflation Rate 4.24 4.72 216.00 -15.00 percent [+]
Inflation Rate Mom -1.34 0.73 3.70 -1.39 percent [+]
Food Inflation 5.91 1.35 11.03 -3.60 percent [+]
Consumer Price Index CPI 125.19 126.89 126.89 106.24 points [+]
Cpi Housing Utilities 114.00 118.49 118.49 101.76 points [+]
Cpi Transportation 110.54 110.54 112.00 102.11 points [+]


Somalia Food Inflation
In Somalia, Food & Non-Alcoholic Beverages accounts for 46 percent of total Consumer Price Index (CPI).