Nicaragua: Inflation Keeps Declining

After reaching its highest level in June this year with 5.6%, the price index reported a variation of 5.1% in September with respect to the same month in 2017.

Thursday, October 25, 2018

The Consumer Price Index (CPI) increased 0.50 percent (0.32% in September 2017), mainly explained by the behavior of the prices in some goods and services of the divisions of Recreation and culture (6.79%); Housing, water, electricity, gas and other fuel (1.73%) and Transportation (1.15%); which together contributed 0.496 percentage points to the observed variation.

On the other hand, year-on-year inflation was 5.14 percent, 1.01 percentage points higher than September 2017, and core inflation was 4.17 percent (4.21% in September 2017), reported the Central Bank of Nicaragua.

In accumulated terms, national inflation reached 2.17 percent (2.70% in September 2017), caused by the behavior of prices in the divisions of Transportation; Housing, water, electricity, gas and other fuels; and, Education with a joint contribution of 1.575 percentage points.

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Nicaragua: Inflation Slows

September 2018

After reaching the highest level this year with 5.6% in June, the price index reported a variation of 5.2% in August compared to the same month in 2017.

The Consumer Price Index (CPI) showed a decrease of 0.24% (-0.03% in August 2017), explained mainly by the behavior of prices in some goods and services in the divisions of Food and non-alcoholic beverages  (- 0.75%), Recreation and culture (-3.88%) and Communications (-0.06%), which together contributed -0.4 percentage points to the observed variation, reported the Central Bank of Nicaragua (BCN).

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). 

Nicaraguan Inflation Accelerates

July 2018

In May and June, the Consumer Price Index recorded year-on-year variations of 5.2% and 5.6%, exceeding the average inflation rate of 4.9% reported in the first four months of the year.

Ever since the political and social crisis in the country became accentuated, the general price indicator has shown a clear upward trend, which is reflected in the behavior of the inflationary rhythm of the last two months.

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:

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