Nicaragua with highest inflation in the region

Economists calculate that the general rise in prices was between 14.8 and 15.3% at the end of 2008.

Thursday, January 8, 2009

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)."

More on this topic

Nicaragua: Inflation Hit 4.73% in July

August 2010

Inflation for the first seven months was 4.73%, due to price rises in food, drinks, transport and services.

According to information from the Nicaraguan Central Bank, in July alone the rate of inflation increased 0.87%.

The economist Alejandro Aráuz commented that, "although the first seven months of 2010 have seen a rapid rise in inflation, the coming months tend to be quieter with inflation in October in particular being almost zero," reports La Prensa.

Inflation in Nicaragua to top 20%

June 2008

Nicaragua could finish the year with an inflation rate of more than 20 percent, according to estimates based on figures provided by the Central Bank of Nicaragua. That's more than double official projections.

The reason for higher prices is the high and rising cost of food and fuel, say independent economists.

Honduras closes 2008 with 10.8% inflation

January 2009

As of December 2008, the Consumer Price Index grew 0.1%, according to data published by the Central Bank of Honduras.

The latribuna.hn reports that "for the fourth consecutive month, there has been a decrease in the price index for the "Transport" item, which for this month was at 3.9% as a result of the reduction in the price of regular, super gasoline and diesel, respectively.

Guatemala Closed 2010 with 5.39% Inflation

January 2011

The country ended 2010 with an inflation of 5.39%, an amount within the planned target set between 4% and 6%.

The Consumer Price Index (CPI) increased 0.08 percentage points in December, allowing for the annual inflation to end at the reported value, according to the director of the National Institute of Statistics, Luis Arroyo.

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