Nicaragua: 5.1% Y-o-Y Inflation up to March 2019

During the third month of the year, the CPI registered a 1.82% monthly variation, mainly because of the prices of alcoholic beverages and tobacco.

Thursday, April 25, 2019

In cumulative terms, domestic inflation was 1.84%, year-on-year inflation was 5.09%, 0.25% higher than in March 2018, while base year-on-year inflation was 5.25% (4.20% in March 2018), reported the Central Bank of Nicaragua (BCN).

The report explains that "... The alcoholic beverages and tobacco division registered a 31.37 percent variation and contributed 0.357 percentage points. In this result, for its marginal contributions, the variations of cigarette (45.83%), beer (8.79%) and rum (11.63%) were highlighted, with a joint contribution of 0.357 percentage points.

The Food and non-alcoholic beverages division registered a 1.62 percent variation, with a contribution of 0.559 percentage points, resulting from the increase in the prices of boneless beef (5.20%), orange (19.65%) and banana (7.09%), with a joint contribution of 0.238 percentage points.

On the other hand, the division of Goods and diverse services registered a 3.76 percent variation, with a contribution of 0.260 percentage points, because of the increase in the price of toilet paper (12.29%), bath soap (10.47%), and toothpaste (6.79%), with a joint contribution of 0.156 percentage points
."

See full report.

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

Request more information about our Regional Economic Monitor.








Este sitio está protegido por reCAPTCHA y se aplican la política de privacidad de Google y los términos de servicio.

More on this topic

Nicaragua: Inflationary Rhythm Keeps Accelerating

September 2019

After the July Consumer Price Index reported a 6.1% year-on-year variation, in August the increase was 6.3%.

In cumulative terms, national inflation stood at 4.03% (1.66% in August 2018), induced by the behavior of prices in the divisions of Alcoholic beverages and tobacco (42.89%), Several goods and services (9.87%), and Food and non-alcoholic beverages (2.81%), with a joint contribution of 2.13%, reported the Central Bank of Nicaragua.

Nicaragua: Inflation Keeps Accelerating

June 2019

In May, the CPI rose 6%, reinforcing the upward trend that has been reported since February.

In February, the indicator stood at 3.3%, in March it was 5.1% and in April, 5.8%. The May figure reinforces the upward trend that is likely to continue for the rest of the year.

Inflation in Nicaragua Keeps Rising

May 2019

After the country's Consumer Price Index rose to 3.3% in February 2019, it went up to 5.1% in March and 5.8% in April.

Year-on-year inflation was 5.77%, 0.95% higher than in April 2018, while core year-on-year inflation was 6.30%, reported the Central Bank of Nicaragua (BCN).

Nicaragua: Inflation Accelerates

April 2019

After the country's Consumer Price Index rose to 3.3% in February 2019, it increased to 5.1% in March.

The March Consumer Price Index (CPI) showed a monthly increase of 1.82% (0.14% in March 2018), mainly because of the rise in prices of some goods and services of the divisions: Alcoholic beverages and tobacco (31.37%), Miscellaneous goods and services (3.76%), and Food and non-alcoholic beverages (1.62%), which together contributed 1.176 percentage points to the observed variation, reported the Central Bank of Nicaragua (BCN).

 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

(Dec 13)
Brent Crude Oil
63.97
Coffee "C"
129.75
Gold
1,477
Silver
16.915