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).

The document states that "... In accumulated terms, the national inflation was of 1.84 percent (0.68% in March 2018), induced by the behavior of prices in the divisions of Alcoholic beverages and tobacco; Food and non-alcoholic beverages and Diverse goods and services, with a joint contribution of 1,051 percentage points. Meanwhile, the year-on-year inflation was at 5.09 percent, 0.25 percentage points higher to the registered in March 2018, while the subjacent year-on-year inflation was of 5.25 percent (4.20% in March 2018).

The Alcoholic Beverages and Tobacco division recorded 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 combined contribution of 0.357 percentage points.

The Food and Non-Alcoholic Beverages division registered a variation of 1.62 percent, with a contribution of 0.559 percentage points, derived 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."

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