Panama: Annual inflation to May 3.2%

Compared with April prices rose 0.1%, and the sectors of education, food and beverages, health and household furniture and equipment showed the greatest increases.

Friday, June 13, 2014

From a report issued by the Comptroller General of the Republic of Panama:

The Consumer Price Index (CPI) in May, compared to April 2014, there was an increase of 0.1 percent for both the National Urban and for the districts of Panama and San Miguelito and Other Urban. Compared with May 2013, there was an increase of 3.2 percent in both the National Urban as well as in the districts of Panama and San Miguelito and 3.5 percent in the Other Urban was observed. So far this year, the National Urban CPI has had a cumulative increase of 1.8 percent.

The divisions showing increases above the monthly average in the National Urban CPI for May were: Recreation 0.4 percent due to an increase in the price of package tours; Health 0.3 percent due to higher prices of analgesics; Food and beverages 0.2 percent, due to an increase in the price of meals outside the home; Clothing and footwear 0.2 per cent, due to an increase in the price of men's shoes; Furniture, household equipment and equipment for routine maintenance of the house 0.2 percent, due to an increase in appliances; Miscellaneous goods and services 0.2 percent, due to an increase in the price of cigarettes. In contrast, housing, water and electricity went down 0.1 percent, due to a decline in prices of rental fees.



More on this topic

Panama: Inflation at End of 2014 is 2.6%

January 2015

In December, the consumer price index declined by 0.4% compared to November, placing the annual inflation rate at the close of 2014 at 2.6%

From a statement issued by the National Institute of Statistics and Census of Panama:

The Consumer Price Index (CPI) in December compared with November 2014, recorded a low of 0.4% for both the National Urban Area and for the districts of Panama and San Miguelito, while for the Other Urban Areas it was 0.5%.

Less Inflation in Panama

August 2014

In July the consumer price index declined by 0.8% compared to the previous month, with a year over year inflation of 2.2% up to July.

From a report by the National Institute of Statistics and Census in Panama:

The Consumer Price Index (CPI) in July compared to June 2014, recorded a low of 0.8 percent in both the National Urban Area and for the districts of Panama and San Miguelito and 0.9 percent in the Other Urban Areas.

Panama Inflation Up 3.7% in May

June 2013

The Consumer Price Index in May 2013 registered a monthly increase of 0.4%, while in the first five months of the year the increase was 2.3%.

From information published by the Comptroller General of the Republic of Panama:

The Consumer Price Index (CPI) in May compared to April of 2013 showed an increase of 0.4%, both in the National Urban category, and for the Other Urban category, while for the districts of Panama and San Miguelito, it was 0.3%. Compared to May 2012, there was an increase of 3.7% in both the National Urban, and the districts of Panama and San Miguelito and Other Urban areas. So far this year, the National Urban CPI reflected a cumulative variation of 2.3%.

Inter Annual Inflation in Panama reaches 5.3%

November 2012

The Consumer Price Index (CPI) in October 2012 compared to October 2011 showed an increase of 5.1% in the districts of Panama and San Miguelito and 5.7 percent in other urban areas.

A statement from the National Institute of Statistics and Census reads:

The Consumer Price Index (CPI) in October compared to September showed a monthly rise of 0.1 percent for both the National Urban as well as the districts of Panama and San Miguelito, while for the remaining urban areas there was a variation of 0.3 percent. Compared with October 2011, there was an increase of 5.3 percent in National Urban, 5.1 percent in the districts of Panama and San Miguelito and 5.7 percent in other urban areas. So far this year, the National Urban CPI recorded a cumulative variation of 4.1 percent.

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