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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More on this topic

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

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:

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.

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 Up to June 2018

July 2018

The consumer price index registered a monthly variation of 0.41%, due to an increase in the prices of fuels, and some foods.

From a report by the Central Bank of Honduras: 

The monthly variation of the Consumer Price Index (CPI) in June of this year was 0.41%, driven mainly by higher prices of fuels, some foods and household items.  

Honduras: Annual Inflation to March 2018 is 4.3%

April 2018

In March, the consumer price index recorded a monthly variation of 0.35%, due to an increase in the prices of food and non-alcoholic beverages, and transportation.

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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