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.
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).
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).
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.
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 contributed0.415 percentage points to the variation observed.[GRAFICA caption = "Click to interact with graph"]
×
 close (x)
Receive more news about Economics
Suscribe FOR FREE to CentralAmericaDATA EXPRESS.
The most important news of Central America, every day.
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...