Nicaragua's inflation surges to 11.6 percent in first half of the year
Nicaraguan consumer prices rose by 2.13 percent in June, pushing cumulative inflation to 11.76 percent for the first half of the year – one of the highest rates on record and up from 6.12 percent in the same period of last year.
Wednesday, July 16, 2008
More than half of the increase in prices was due to food, particularly seasonal products that were affected by higher costs of inputs and fuel, the central bank reported.
The retail price index in Honduras rose by 1.2 percent in June and by 6.8 percent in the first half of the year, the nation's central bank reported.
In July, the consumer price index recorded a monthly variation of 0.32%, accumulating inflation of 2.40% so far this year.
In February, the consumer price index registered a variation of 0.93%, accumulating so far this year inflation of 0.81%.
Higher prices of fuel, food and beverages pushed monthly inflation to 0.8% in March, the same as in February, the government reported.
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