Cost of food in Somalia increased 9.40 percent in December of 2022 over the same month in the previous year. source: Directorate of National Statistics, Somalia

Food Inflation in Somalia averaged 6.51 percent from 2018 until 2022, reaching an all time high of 17.50 percent in July of 2022 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 January of 2023.

Food Inflation in Somalia is expected to be 8.00 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 8.00 percent in 2024 and 7.00 percent in 2025, according to our econometric models.

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Somalia Food Inflation

Related Last Previous Unit Reference
Inflation Rate 6.10 6.40 percent Dec 2022
Inflation Rate MoM -0.50 0.10 percent Dec 2022
Food Inflation 9.40 12.70 percent Dec 2022
CPI Transportation 108.42 108.42 points Dec 2022
CPI Housing Utilities 124.46 122.28 points Dec 2022
Consumer Price Index CPI 134.70 135.40 points Dec 2022

Somalia Food Inflation
In Somalia, Food & Non-Alcoholic Beverages accounts for 46 percent of total Consumer Price Index (CPI).
Actual Previous Highest Lowest Dates Unit Frequency
9.40 12.70 17.50 -3.60 2018 - 2022 percent Monthly