Nicaragua: Inflationary Rhythm Keeps Accelerating

After the July Consumer Price Index reported a 6.1% year-on-year variation, in August the increase was 6.3%.

Monday, September 9, 2019

In cumulative terms, national inflation stood at 4.03% (1.66% in August 2018), induced by the behavior of prices in the divisions of Alcoholic beverages and tobacco (42.89%), Several goods and services (9.87%), and Food and non-alcoholic beverages (2.81%), with a joint contribution of 2.13%, reported the Central Bank of Nicaragua.

The report of the Central Bank "... Regarding core year-on-year inflation, it was 6.21% (4.35% in August 2018), mainly because of the behavior of product prices of the Alcoholic Beverages and Tobacco division which showed a 33.4% year-on-year variation, followed by the products of the Diverse Goods division with 9.06 percent, and the Food and Non-Alcoholic Beverages division with 6.82%.

The Food and non-alcoholic beverages division registered a -0.62 percent variation, with a contribution of -0.212 percentage points, derived from the decrease of prices in products such as potato (-19.82%), orange (-18.94%) and tomato (-16.13%), with a joint contribution of -0.303 percentage points.

On the other hand, the division of Restaurants and hotels registered a variation of -0.10 percent and contributed with -0.011 percentage points. In this result, because of their marginal contributions, the dishes prepared to take away (-2.16%) and the birthday celebration in restaurants (-1.11%) were highlighted, with a joint contribution of -0.047 percentage points.
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Nicaragua: Inflation Keeps Accelerating

June 2019

In May, the CPI rose 6%, reinforcing the upward trend that has been reported since February.

In February, the indicator stood at 3.3%, in March it was 5.1% and in April, 5.8%. The May figure reinforces the upward trend that is likely to continue for the rest of the year.

Inflation in Nicaragua Keeps Rising

May 2019

After the country's Consumer Price Index rose to 3.3% in February 2019, it went up to 5.1% in March and 5.8% in April.

Year-on-year inflation was 5.77%, 0.95% higher than in April 2018, while core year-on-year inflation was 6.30%, reported the Central Bank of Nicaragua (BCN).

Nicaragua: 5.1% Y-o-Y Inflation up to March 2019

April 2019

During the third month of the year, the CPI registered a 1.82% monthly variation, mainly because of the prices of alcoholic beverages and tobacco.

In cumulative terms, domestic inflation was 1.84%, year-on-year inflation was 5.09%, 0.25% higher than in March 2018, while base year-on-year inflation was 5.25% (4.20% in March 2018), reported the Central Bank of Nicaragua (BCN).

Nicaragua: Inflation Accelerates

April 2019

After the country's Consumer Price Index rose to 3.3% in February 2019, it increased to 5.1% in March.

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).

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