Honduras: Annual Inflation up to August 2018 is 4.4%

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.

Tuesday, September 11, 2018

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.

With this result, accumulated inflation was 2.87%, lower than what was observed in the same month in 2017 (3.24%). On the other hand, year-on-year inflation stood at 4.35% (3.84% twelve months ago).

The greatest contribution to monthly inflation was shown by the item "Transportation" with 0.23 percentage points (52.3% of the total for the month); followed by "Clothing and Footwear" with 0.08 pp and "Accommodation, Water, Electricity, Gas and Other Fuels" with 0.04 pp; while "Furniture and Articles for the Conservation of the Home" with 0.03 pp; "Hotels, Cafeterias and Restaurants" and "Personal Care" with 0.02 pp each and the items in "Health", "Communications" and "Recreation and Culture" with 0.01 pp each. On the other hand, "Non-Alcoholic Foods and Beverages" had a negative contribution of 0.01 percentage points.

See full report (In Spanish).

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More on this topic

Honduras: Inflationary Rhythm Slows Down

November 2019

During October 2019, the CPI registered a 4.1% variation with respect to the same month in 2018, an inflation rate that is lower than the 4.4% reported in September.

In October 2019, monthly inflation -measured through the variation of the Consumer Price Index (CPI)- was 0.24%, lower than the registered in October 2018 (0.56%).

Honduras: Inflation Still Slowing Down

September 2019

During August, the inflationary rhythm was reduced for the third consecutive month, falling to 4.29%, which is explained by the behavior of the prices of Food and non-alcoholic beverages.

The monthly variation of the Consumer Price Index (CPI) was 0.06% in August 2019, lower than that observed in the same month of the previous year (0.44%), a result mainly because of the reduction in the prices of some foodstuffs, which was compensated by increases in the rent of housing, some medicines and health services, informed the Central Bank of Honduras (BCH).

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.

Inflation Below 1% in Costa Rica

September 2016

In August the consumer price index recorded a monthly variation of 0.03%, putting annual inflation at 0.60%, and inflation accumulated so far this year at 0.97%.

The groups with the greatest contribution to the CPI in August 2016 were: Rent and housing services and entertainment and culture.

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