Nicaragua Ended 2018 with 4% Inflation

In December, the CPI registered a monthly variation of 0.6%, because of the rise in Food and non-alcoholic beverages, Recreation and Culture and Health prices.

Friday, January 11, 2019

The report of the Central Bank of Nicaragua states that "... In cumulative terms, national inflation in 2018 reached 3.89 percent, 1.79 percentage points lower than that recorded in 2017 (5.68%).

In the period, inflation was caused by the behavior of the prices of goods and services in the categories of Food and non-alcoholic beverages; Housing, water, electricity, gas and other fuels; and Education, with a joint contribution of 1.856 percentage points. In year-on-year terms, the subjacent inflation was of 4.00%, lower to the observed in December 2017 (4.10%).

The Food and Non-Alcoholic Beverages category contributed 0.387 percentage points to December inflation, an increase of 1.12 percent. In this result, for its marginal contributions, the variations of tomato (21.24%), cheese (2.75%) and cabbage (22.74%) were highlighted, with a joint contribution of 0.225 percentage points.

The Recreation and Culture sector registered a 9.85 percent variation, with a contribution of 0.373 percentage points, derived from the behavior of the lottery ticket (72.22%), rope toy (7.31%) and monthly television paycheck (0.43%).
"

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More on this topic

Nicaragua: Annual Inflation in January 2018 is 5.4%

February 2018

In January, the CPI registered a monthly variation of 0.31%, mainly explained by the prices of Food and non-alcoholic beverages, and Transport.

From a report by the Central Bank of Nicaragua:

The Consumer Price Index (CPI) showed a monthly variation of 0.31 percent (0.61% in January 2017), explained mainly by the behavior of prices in some goods and services in the categories of Food and non-alcoholic beverages (0.70% ); Transportation (1.25%); and Accommodation, water, electricity, gas and other fuels (0.25%), which together contributed 0.360 percentage points to the variation observed. In contrast, the division of Recreation and culture, showed a variation of -4.12 percent (-0.165pp)). [GRAFICA caption = "Click to interact with graph"]

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"]

Nicaragua: Inter Annual Inflation up to May 2016 is 3.65%

June 2016

In May the consumer price index registered a variation of 0.57%, with accumulated inflation so far this year being 2.17%.

From a report by the Central Bank of Nicaragua:

The Consumer Price Index (CPI) showed a monthly variation of 0.57 percent (0.51% in December 2015), mainly explained by increased prices in some goods and services in the divisions of Food and non alcoholic drinks (0.54%), recreation and culture (2.97%) and transportation (1.14%), which together contributed 0.389 percentage points to the observed variation. In contrast the category of Communications showed the opposite behavior with a variation of -0.07 percent (-0.002 pp).

Nicaragua: Annual Inflation in April 2016 is 3.60%

May 2016

In April, the consumer price index registered a variation of 0.14%, accumulating inflation so far this year of 1.59%.

From a report by the Central Bank of Nicaragua:

The Consumer Price Index (CPI) recorded a monthly variation of 0.14 percent (0.20% in December 2015), mainly explained by increased prices of some goods and services in the categories of Transportation (2, 03%), Housing, water, electricity gas and other fuels (0.65%) and Furnishings, household equipment and routine household maintenance (0.39%), which together contributed 0.224 percentage points to the variation observed.

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