Nicaragua: Inflation Slows

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.

Thursday, September 6, 2018

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).

On the other hand, year-on-year inflation stood at 4.95 percent, 1.48 percentage points higher than was registered in August 2017, and core inflation was 4.35 percent (4.22% in August 2017).

The BCN report outlines that, in cumulative terms, national inflation reached 1.66 percent (2.37% in August 2017), induced by the behavior of prices in the divisions of Transportation; Education; and Accommodation, water, electricity, gas and other fuels, with a joint contribution of 1,305 percentage points.

See full report (In Spanish).

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More on this topic

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: 5.3% Yoy Inflation up to May 2018

June 2018

During the fifth month of the year, the CPI recorded a monthly variation of 0.55%, mainly explained by prices in the sectors of Food and non-alcoholic beverages and Transport.

From a report by the Central Bank of Nicaragua:

The Consumer Price Index (CPI) showed an increase of 0.55 percent (0.13% in May 2017), explained mainly by the behavior of prices in some goods and services of the Food and non-alcoholic beverages divisions (0.85%), Transportation (1.76%), and Restaurants and hotels (0.41%), which together contributed 0.475 percentage points to the variation observed. In contrast, the Recreation and Culture division showed a decrease of -1.46 percent (-0.056pp). 

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: 4,8% YoY Inflation to February 2018

March 2018

During the second month of the year, the CPI recorded a monthly variation of 0.22%, mainly explained by the prices of Education and Health services.

From a report by the Central Bank of Nicaragua:

The Consumer Price Index (CPI) showed a monthly variation of 0.22 percent (0.74% in February 2017), explained mainly by the behavior of prices in some goods and services of Education (5.28%), Health (1.12%) and Transportation (0.55%), which together contributed 0.415 percentage points to the variation observed. [GRAFICA caption = "Click to interact with graph"]

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