Honduras: Inflationary Rhythm Slows Down

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.

Friday, November 8, 2019

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%). The monthly result is mainly the result of the increase in the price of some food products and fuel, informed the Central Bank of Honduras.

According to the official report, "... The item that most contributed to the monthly result was "Food and Non-Alcoholic Beverages" with 0.11 percentage points (pp); followed by "Transport" with 0.07 pp, and "Health" with 0.03 pp.

The items: "Clothing and Footwear", "Furniture and Home Maintenance Items", "Communications", "Recreation and Culture", "Hotels, Cafeterias and Restaurants" and "Personal Care" each contributed 0.01 pp.

This was partially offset by "Accommodation, Water, Electricity, Gas and Other Fuels", which recorded a negative contribution of 0.03 pp
."

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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: 4.2% YoY Inflation in April 2018

May 2018

The consumer price index recorded a monthly variation of 0.22%, due to an increase in the prices of transport and furniture and household items.

From a report by the Central Bank of Honduras:

In April 2018, the Consumer Price Index (CPI) registered a monthly variation of 0.22%, the lowest of the last seven months.  This behavior was influenced by the rise in the price of fuel in the domestic market, as well as some household goods, furniture and appliances.  [GRAFICA caption = "Click to interact with graph"]

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