Honduras: Inflation Still Slowing Down

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.

Tuesday, September 10, 2019

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).

The document states that "... In the monthly inflation behavior, the item that showed the highest participation was "Food and Non-Alcoholic Beverages" with -0.23 pp. However, this movement was offset by contributions from the items "Housing, Water, Electricity, Gas and Other Fuels" with 0.09 percentage points (pp), followed by "Health", "Transportation" and "Hotels, Cafeterias and Restaurants" with a participation of 0.05 pp each; "Personal Care" contributed 0.03 pp and to a lesser extent contributed the items "Clothing and Footwear" and "Furniture and Home Maintenance Items" with 0.01 pp each.

On average, the prices of goods included in the Food and Non-Alcoholic Beverages category were reduced by 0.53%, derived from the lower prices recorded for: potatoes, cabbages, pear tomatoes, lettuce, sweet chili, bananas, eggs and fresh cheese, among others; however, increases were observed in the prices of some foods, such as onions, oranges, corn, carrots, fish fillets, tortillas and industrialized food products.

Reductions in food prices and higher fuel prices were observed across the board in all regions; however, variations in prices of other items generated uneven inflationary results among them.
"

See full document.

Do you need to keep track of the key economic indicators in Central America?

Request more information about our Regional Economic Monitor.








this site is protected by reCAPTCHA and Google's privacy policy and terms of service.
Need assistance? Contact us
(506) 4001-6423


More on this topic

Honduras Ended 2018 with 4.2% Inflation

January 2019

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

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).

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 July 2018

August 2018

The consumer price index registered a monthly variation of 0.38%, due to an increase in the prices of perishable foods and those prepared in restaurants.

From a report by the Central Bank of Honduras:

In the seventh month of the year there was accumulated inflation of 2.42%, which denotes lower inflationary pressures than those observed in July 2016 (2.58%) and 2017 (2.90%), while year-on-year inflation stood at 4.23% (3.64% twelve months ago).

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.  

 close (x)

Receive more news about Economics

Suscribe FOR FREE to CentralAmericaDATA EXPRESS.
The most important news of Central America, every day.

Type in your e-mail address:

* Al suscribirse, estará aceptando los terminos y condiciones


Professional ink refill franchise for sale

Ink and toner refills with latest generation machinery exclusively for the franchisee in Central America, investment opportunity with fast return.
Ink and toner refills with latest generation machinery...

Stock Indexes

(Apr 6)
Dow Jones
-5.60%
S&P 500
-5.10%
Nasdaq
-5.64%

Commodities

(Oct 23)
Brent Crude Oil
42.920
Coffee "C"
109.25
Gold
1,904
Silver
24.673