Nicaragua: Inflation closes at 14.04% in November
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.
Thursday, December 11, 2008
The latest report from the Central Bank of Nicaragua issued yesterday on its web page indicates that in November monthly inflation grew slightly by 0.08% for the accumulated rate, after having fallen in October by 0.02% to remain at 13.95%.
The inter-annual inflation rate is 1.59% higher than February 2011.
In September inflation grew by 0.1% and reached accumulated to 10.2% this year in Honduras.
The Consumer Prices Index grew 0.52% in May; between January and May, prices have increased an accumulated 3.16%.
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.
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