For the first seven months of 2009, prices increased 2.14%, with a 0.92% increase registered in July.
Some of the products increasing their prices in the month were "fuel, vehicle purchases, air tickets and domestic services".
An article in Elfinancierocr.com reports that "between July 2008 and 2009, inflation was 6.9%", while between November 2007 and 2008, the increase in prices was 16%. These numbers confirm "that prices are increasing at a considerable lower rate this year".
The results for the last three months of inflation show that the sustained increase in prices is starting to change.
In the last three months (September, October, and November) the price index went up 3.3%.
If this result is annualized (its is supposed that the behavior during these three months will be the same during the rest of the year), inflation falls to 13.7 with a clear tendency for slowdown since July when it was at 24%
Economists calculate that the general rise in prices was between 14.8 and 15.3% at the end of 2008.
According to laprensa.com.ni, "As of November, according to the most recent data from the BCN, inflation was at 14.04% due mainly to the increase in the price of food and beverages (tomatoes, peppers, potatoes, cabbage, cheese and eggs); home furnishing and maintenance (domestic salary, furniture, detergent and clothing), and other good and services (cigarettes, bath soap, toilet paper)."