Inflation in Nicaragua at 22.79%
Interannual inflation was at 22.79% in September due to the rise in the price of fuel and basic grains in the international market, official sources reported.
Wednesday, October 15, 2008
The Central Bank of Nicaragua (BCN) pointed out in its monthly report that inflation for September closed at 0.21 percent, while the accumulated inflation for the first nine months of the years totaled 13.97% and the interannual inflation was 22.79%.
The inter-annual inflation rate is 1.59% higher than February 2011.
While interannual inflation showed a strong reduction in November in the rate of growth, the accumulated inflation had a slight growth going from 13.95 to 14.04% during the first 11 months of the year.
Inflation in October reached 5.25% for the year.
The consumer price index continues to show slower growth in Costa Rica. There was an increase of 0.17% in June.
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