Central America’s Imported Inflation

After showing constant growth during 2007 and 2008, inflation indexes slowed down considerably in the second half of 2009.

Thursday, April 15, 2010

The Executive Secretary of the Central American Monetary Council presented its 30th Regional Economic Update. In it, they calculate how much inflation was indirectly imported by the Central American countries.

For this, they elaborated indexes of the various components which explain price changes in the past years. By using them they evaluate the inertial behavior of indirectly imported inflation.



More on this topic

Costa Rica Maintains Negative Inflation

December 2015

In November, the consumer price index recorded a decrease of 0.01%, placing the annual inflation at -1.20% and inflation accumulated so far this year at -0.99%.

The groups with the greatest contribution to the change in the consumer price index (CPI) in November 2015 are Food and non-alcoholic beverages and Transport, as reported by the National Institute of Statistics and Census.

Honduras Records 3.1% Inflation in First Semester

July 2013

In June, there was an increase of 0.4%, driven mainly by soft drinks.

A report on the consumer price index has been released by the Central Bank of Honduras (BCH):

In June 2013, the rates of the monthly and interannual variations of the Consumer Price Index (CPI) were 0.4% and 5.3%, respectively, for its part, average inflation for the year reached 5.2 % and the cumulative rate stood at 3.1%.

SECMCA's Monthly Report: 2nd Quarter of 2010

July 2010

Inflation deceleration and Risks to economic recovery.

The quarterly report from the Executive Secretary of the Central American Monetary Council (SECMCA) focuses on the region's inflation and recovery prospects.

Inflation, measured by year-on-year change in consumer prices, slowed in the second quarter of 2010 to 4.9%, compared to 2.9% in June 2009. This level is within the target limits set by the region's central banks.

Nicaragua has the highest inflation in Central America

April 2008

Nicaragua has the highest index of inflation of the six Central America, at 1.48 per cent, followed by Panama and Guatemala.

The lowest inflation rate is in Costa Rica, the country with the most stable economy in the isthmus, according to the web site Capital.com.
Information from the region shows that between February and March, the average monthly variation of the price index for the six Central American countries shows an increase of 0.99 per cent, slightly lower than the 1.13 per cent rise between January and February.

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