Nicaragua: 4.4% YoY inflation up to November 2018

During the eleventh month of the year, the CPI registered a 0.52% monthly variation, mainly because of the prices of Food and non-alcoholic beverages, and Communications.

Tuesday, December 11, 2018

The Central Bank of Nicaragua reported that in accumulated terms, national inflation reached 3.24% (4.51% in November 2017), caused by the behavior of goods and services prices in the sectors of Transportation; Housing, water, electricity, gas and other fuels; and Education with a joint contribution of 1.642 percentage points. In year-on-year terms, inflation was at 4.40%, 0.95 percentage points lower than that registered in November 2017, and subjacent inflation was 4.14% (4.07% in November 2017).

The Consumer Price Index (CPI) showed a monthly increase of 0.52 percent (1.21% in November 2017), mainly caused by the behavior of the prices in some goods and services of the Food and non-alcoholic beverages sectors (1.72%); Communications (1.36%) and Housing, water, electricity, gas and other fuels (0.34%); which together contributed 0.654 percentage points to the observed variation. In contrast, the Transport sector showed a 2.41% decrease, for a negative contribution of 0.194 percentage points.

The report explains that the Food and Non-Alcoholic Beverages sector contributed 0.588 percentage points to November inflation, registering a 1.72% increase. In this result, because of their marginal contributions, the variations of tomato (30.04%), eggs (6.39%) and chiltoma (21.60%) were distinguished, with a joint contribution of 0.286 percentage points.

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Nicaragua: Annual Inflation 5.2% up to July 2018

August 2018

During the seventh month of the year, the CPI recorded a monthly variation of -0.08%, mainly explained by the prices of Food and non-alcoholic beverages.

From a report by the Central Bank of Nicaragua:

The Consumer Price Index (CPI) showed a decrease of 0.08 percent (0.39% in July 2017), mainly explained by the behavior of prices in some goods and services in the divisions of Food and non-alcoholic beverages (-1.04% ); and Communications (-0.02%); which together contributed 0.364 percentage points to the observed variation. In contrast, the Transportation division showed an increase of 1.45 percent (0.112pp). 

Nicaragua: 4.9% YoY Inflation up to March 2018

April 2018

During the third month of the year, the CPI recorded a monthly variation of 0.14%, mainly explained by the prices of accommodation, water, electricity and gas, and restaurants and hotels.

From a report by the Central Bank of Nicaragua:

Nicaragua: 5% YoY Inflation Up to November 2017

December 2017

In November, the CPI registered a monthly variation of 1.21%, explained mainly by prices of food, non-alcoholic beverages and transport.

From a report by the Central Bank of Nicaragua:

The Consumer Price Index (CPI) showed a monthly variation of 1.21 percent (0.27% in November 2016), explained mainly by the behavior of prices in some goods and services in the categories of Food and non-alcoholic beverage (2.65% ); Transportation (1.37%); and Accommodation, water, electricity, gas and other fuels (0.64%), which together contributed 1,077 percentage points to the variation observed. In contrast, the category of Communications showed a variation of -0.30 percent (-0,008pp). [GRAFICA caption = "Click to interact with graphics"]

Nicaragua Registers 4.4% Inflation

November 2017

In October of this year, the CPI registered a monthly variation of 0.55%, mainly explained by the prices of food, non-alcoholic beverages and water, electricity, gas and other fuels.

From a report by the Central Bank of Nicaragua:

The Consumer Price Index (CPI) showed a monthly variation of 0.55 percent (0.31% in October 2016), mainly explained by the behavior of prices in some goods and services in the category of Food and non-alcoholic beverages (1.17% ); Housing, water, electricity, gas and other fuels (1.18%); and Restaurants and hotels (0.67%), which together contributed 0.583 percentage points to the variation observed. In contrast, the division of Transport, showed a variation of -1.43 percent (-1,09pp). [GRAFICA caption = "Click to interact with graphics"]

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