Honduras Ended 2018 with 4.2% Inflation

In December, the CPI recorded a slight monthly change of 0.2%, because of rising prices of clothing, rental housing, electricity and some medicines.

Monday, January 7, 2019

From the Report of the Central Bank of Honduras:

The Consumer Price Index (CPI) showed a monthly variation of 0.19% in December 2018, same that was lower to the observed in December 2017 (0.65%), linked to the increase in prices of clothing, housing rent, electricity supply and some medicines, being partly compensated by the reduction in the prices of fuels and some perishable foods. While the year on year inflation was at 4.22%1 (4.73% twelve months ago).

The items which contributed the most to the monthly result were "Accommodation, Water, Electricity, Gas and Other Fuels" with 0.08 pp and "Clothing and Footwear" with 0.06 pp; on the other hand, the groups "Furniture and Articles for Home Maintenance", "Health", "Transport", "Recreation and Culture", "Hotels, Cafeterias and Restaurants" and "Personal Care" contributed 0.01 pp, each. Meanwhile, the category "Food and Non-Alcoholic Beverages" partially counteracted inflationary behavior with -0.01 pp.

In December, the price increase in clothing and footwear for adults and children, very common this season, determined the monthly variation of 0.66% of the price index for this group.

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More on this topic

Inflation Slows up to June 2019

July 2019

Between May and June of this year, the inflation rate in Honduras decreased from 5.1% to 4.8%, mainly because of variations in transport prices.

The monthly variation of the Consumer Price Index (CPI), in June 2019, was 0.09%, lower than the observed twelve months ago (0.41%) and the lowest for this month since 2012, informed the Central Bank of Honduras (BCH).

Honduras: 4% year-on-year Inflation up to January 2019

February 2019

During the first month of the year, the rise in the consumer price index was caused by the behavior of the Water and Electricity Supply and Rental Divisions.

The Consumer Price Index (CPI) registered a 0.03% monthly variation in January 2019, the lowest observed in that month since 2016, informed the Central Bank of Honduras.

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: 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.  

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