Panama: CPI up to August Up 6.1%

The consumer price index (CPI) for August grew by 6.1% compared to the same month last year.

Wednesday, August 3, 2011

A statement by the Controller General of the Republic of Panama reads:

The variation of the Consumer Price Index (CPI) in August compared to July 2012 showed an increase of 0.5 percent in the National Urban area, for the districts of Panama and San Miguelito and 0.6 percent, and in other urban areas 0.3 percent. In relation to August 2011, there was a 6.1 percent increase in both the National Urban and in the districts of Panama and San Miguelito and in other urban areas. So far this year, the National Urban CPI reflected a cumulative variation of 3.9 percent.

The divisions that make up the Consumer Price Index for the National Urban are in August, compared to July 2012, showed up the following variations: Transportation 1.3 percent, rise in the price of gasoline, food and beverages, and Real estate and miscellaneous services, each division with 0.5 percent, as a result of higher prices for soft drinks in plastic containers and haircuts for men and women, respectively, furniture, household equipment and routine house maintenance 0.4 percent, an increase in prices of ironing in laundry; Housing, water, electricity and gas and Health, both 0.3 percent, an increase in the price of gas one hundred pound cylinders and glasses, in the corresponding order; Leisure, entertainment and culture services 0.2 percent as a result of rising input prices for cinemas and clothing and footwear with 0.1 percent due to the rising price of underwear for women, however education was unchanged.



More on this topic

Panama: Report on CPI, November 2012

December 2012

The variation in the Consumer Price Index for November compared to October was 0.1%.

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

The Consumer Price Index (CPI) in November compared to October recorded a monthly rise of 0.1 percent for both the National Urban area and the districts of Panama and San Miguelito and Other Urban areas.

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.

Panama: Interannual Inflation to July is 6%

August 2012

With respect to the previous month, the Consumer Price Index in July 2012 showed an increase of 0.3 percent.

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

The Consumer Price Index (CPI) in July 2012 registered an increase of 0.3 percent compared to the previous month, both for the National Urban area and for the districts of Panama and San Miguelito, and other urban areas.

Panama: Inflation at 6.5% in June

July 2011

The recording is the highest in the last two years as a result of rising prices for transportation, food and beverages.

The change in the Consumer Price Index (CPI) in June compared to May 2011 showed an increase in the National Urban of 0.1 percent and Other Urban 0.8 percent, and for the districts of Panama and San Miguelito a decrease of 0.1 percent.

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