Panama: Inflation Close to Zero at End of 2017

Education and health were the sectors that explained the interannual variation of 0.5% registered in December 2017.

Tuesday, January 16, 2018

From a report by the Comptroller General of the Republic.

The groups that most influenced the year-on-year percentage variation of the National Urban CPI for December 2017 compared to 2016 were: Education with 3.5%, and Health with 2.3%; However, the group Food and non-alcoholic beverages which has the highest weight in the CPI, presented a negative variation of -1.3%.

The groups that showed increases in the National Urban CPI for December with respect to November were: Transportation with 0.6%; Miscellaneous goods and services 0.3%; Food and non-alcoholic beverages, Clothing and footwear, Health, all with 0.1%. 

The increase presented in the Transport group was the product of an increase in three of its seven classes. The greatest variation was in the class "Passenger transport by air" with 24.0%, due to an increase in the price of air travel.

The groups Housing, water, electricity and gas, and Restaurants and hotels remained unchanged.

See full report (in Spanish).

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More on this topic

Panama: Transportation Pressures Inflation Down

March 2020

During February in the country the CPI reported -0.3% year-on-year variation, which is partly explained by the behavior of the prices of the transport category.

The groups that showed decreases in the National Urban CPI for February compared to January 2020 were: Transportation with 1.3%, Food and non-alcoholic beverages with 0.8%, Recreation and culture with 0.4%, Communications with 0.3%, Alcoholic beverages and tobacco, clothing and footwear, and Health all with 0.1%, reported the General Comptroller of the Republic.

Transportation and Beverages Drive Up Inflation

February 2020

At the beginning of 2020 in Panama, a positive variation in the Consumer Price Index was reported, a behavior that was determined partly by the prices of Transportation and Alcoholic Beverages and Tobacco.

From the report of the General Comptroller of the Republic:

The groups showing an increase in the National Urban CPI of January 2020, as compared to December 2019 were: Housing, water, electricity and gas with 0.6%; Transportation with 0.5%; Alcoholic beverages and tobacco, Education and Diverse goods and services all with 0.3%; Health and Restaurants and hotels both with 0.1%.

Transport Prices Put Downward Pressure on Inflation

January 2020

At the end of 2019, Panama reported a negative variation in the Consumer Price Index, a behavior that was determined partly by the prices of air passenger transport.

From the report of the General Comptroller of the Republic:

The groups that presented decreases in the National Urban CPI of December, with respect to November 2019 were: Transportation with 0.5%; Furniture, home articles and ordinary home maintenance, and Recreation and culture both with 0.4%; Alcoholic beverages and tobacco with 0.2%; Food and non-alcoholic beverages, and diverse goods and services both with 0.1%.

Dominican Republic Ends the Year with Slight Inflation

January 2019

Up to December last year, the year-on-year variation of the Consumer Price Index was just 1.2%, a behavior that is explained by the fall in fuel prices.

The results of the general CPI, by groups of goods and services in December 2018, show reductions in Transport (-1.80%) and Housing (-1.45%), influenced by the reduction in prices of oil derivatives, informed the Central Bank of the Dominican Republic.

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