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. Compared with November 2011, there was an increase of 4.5 percent in the National Urban area, 4.3 percent in the districts of Panama and San Miguelito and 5.1 percent in other urban areas. So far this year, the National Urban CPI showed a cumulative variation of 4.3 percent.

The divisions that make up the National Urban CPI in November, compared with October 2012, which reflected increases were:

-Food and beverages 1.0 percent, caused by a rise in the price of vegetables;

-Housing, water, electricity and gas, 0.6 percent, due to a rise in the price of rental fees;

-Clothing and footwear, 0.4 percent due to a rise in the price of men's pants;

-Health 0.2 percent, due to increases in the price of glasses;

-Furniture, household equipment and routine maintenance of the house;

Source: Instituto Nacional de Estadísticas y Censo (Panamá)

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