Honduras: 4.4% year-on-year inflation Up to September 2018

The consumer price index registered a slight monthly variation of 0.03%, due to the increase in the prices of housing rent and some personal care items.

Monday, October 8, 2018

From the Central Bank of Honduras Report:

In September 2018, the Consumer Price Index (CPI) showed a monthly variation of 0.03%, due to the increase observed in the price of housing rents, some personal care items, food consumed in restaurants, furniture and household appliances, which was almost compensated by the negative variation reflected in the national average prices of some agricultural perishable foods. As a result, the accumulated inflation up to September 2018 was 2.90%, lower than the same period of 2017 (3.24%), while the inter-annual inflation was 4.38% (3.66% twelve months ago), remaining within the tolerance range of 4.0% ± 1.0 percentage points, set in the revision of the 2018-2019 Monetary Program.

"Household, Water, Electricity, Gas and Other Fuels" contributed 0.04 percentage points (pp); "Personal Care"; "Hotels, Cafeterias and Restaurants"; "Furniture and Home Maintenance Items" and "Clothing and Footwear" contributed 0.02 pp each, "Recreation and Culture" and "Health" 0.01 pp each. In contrast, "Food and Non-Alcoholic Beverages" and "Transport" reduced -almost completely- the inflationary tendencies with -0.07 and -0.04 pp, respectively.

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More on this topic

Honduras: Inflation Accelerates up to May 2019

June 2019

Between April and May of this year, the inflationary rhythm grew from 4.9% to 5.1%, mainly because of variations in the prices of fuels, some services and certain foods.

From the Central Bank of Honduras report:

The items with the highest contribution to monthly inflation were: "Housing, Water, Electricity, Gas and Other Fuels" with 0.09 percentage points (pp); followed by "Transport" and "Food and Non-Alcoholic Beverages" with 0.08 pp, each and "Clothing and Footwear" with 0.04 pp (together contributing 80.6% to monthly inflation). Likewise, the groups "Personal Care" and "Furniture and Household Maintenance Items" each contributed less, with 0.02 pp, and "Health", "Recreation and Culture" and "Hotels, Cafeterias and Restaurants" with 0.01 pp, each.

Honduras: 4.1% Y-O-Y Inflation up to March 2019

April 2019

Reported prices for electricity, fuel, some household items and clothing caused much of the monthly change in the CPI recorded in the third month of the year.

From the Central Bank of Honduras report:

In March 2019, the monthly growth of the Consumer Price Index (CPI) was 0.40%, mainly because of the increase in the prices of electricity supply, fuel, some household items and clothing.

Honduras: Annual Inflation up to August 2018 is 4.4%

September 2018

The consumer price index recorded a monthly variation of 0.44%, due to an increase in the prices of urban passenger transport and some items of clothing.

From a report by the Central Bank of Honduras:

In August 2018, the Consumer Price Index (CPI) showed a monthly variation of 0.44%, mainly determined by higher prices in urban passenger transport, as well some items of clothing.

Honduras: 4.2% YoY Inflation in April 2018

May 2018

The consumer price index recorded a monthly variation of 0.22%, due to an increase in the prices of transport and furniture and household items.

From a report by the Central Bank of Honduras:

In April 2018, the Consumer Price Index (CPI) registered a monthly variation of 0.22%, the lowest of the last seven months.  This behavior was influenced by the rise in the price of fuel in the domestic market, as well as some household goods, furniture and appliances.  [GRAFICA caption = "Click to interact with graph"]

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