Honduras: 4.7% Inflation up to July 2019

Food and Non-Alcoholic Beverages was the expenditure item that most contributed to the 4.7% year-on-year variation reported during the seventh month of the year.

Friday, August 9, 2019

From the Central Bank of Honduras report:

In July 2019, the monthly variation of the Consumer Price Index (CPI) was 0.27%, lower than the observed twelve months ago (0.38%); the monthly result is mainly due to the increase in the prices of some foods, personal care items and medicines. With this result, year-on-year inflation continued its deceleration and stood at 4.69%; while the accumulated to July 2019 reached 2.88%.

According to its contribution to monthly inflation, the item with the greatest impact was "Food and Non-Alcoholic Beverages" with a participation of 0.11 percentage points (pp), followed by "Housing, Water, Electricity, Gas and Other Fuels" and "Personal Care" with 0.04 pp each, as well as "Clothing and Footwear" and "Health" with 0.02 pp each. To a lesser extent, the headings: "Transport", "Furniture and Home Maintenance Items"; "Hotels, Cafeterias and Restaurants" and "Recreation and Culture", all with 0.01 pp each.

The monthly increase observed in the price indicator of food and non-alcoholic beverages was 0.39%, influenced by the growth in the price of some vegetables such as onion, carrot, sweet chili and lettuce, also recorded an increase in bottled soft drinks, corn and eggs. These variations were partially offset by reductions in the prices of some dairy products, fruits and other foods.

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October 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.

From the Central Bank of Honduras Report:

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From a report by the Central Bank of Honduras: 

The Consumer Price Index (CPI) showed a monthly increase of 0.35% in March of this year, explained largely by a price increase in some products, such as the Kwh rate for residential electric power, housing rental and certain foods. [GRAFICA caption = "Click to interact with graph"]

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