In November 2011, the rate of change in the Consumer Price Index continued downwards, settling at 5.4%.
According to information from the Central Bank of Honduras:
The Consumer Price Index (CPI) for November 2011 showed a variation of 0.4% (0.8% in the same month of 2010) which led biannual and cumulative inflation to stand at 5.4% each, and the average of 12 months at 6.8%.
The behavoir of the CPI shows a reversal in the rising trend of inflation, standing at 7.7% as of August 2011.
A statement by the Central Bank of Honduras reads:
The behaviour of the CPI is showing a reversal of the rising trend in inflation, standing at 7.7% in August 2011, as a result of
a a decline in monthly inflation compared to previous months, recording a 0.4% increase reported in that month (0.3 points lower
The greatest impact was felt in education, with an increase of 7.6%.
Education costs increased because educational centers increased their monthly fees.
The second item affecting most consumer prices was "Hotels, Coffee Shops and Restaurants", where prices increased 1.7%, mostly due to the increase in the raw materials used by these goods.
Inflation deceleration and Risks to economic recovery.
The quarterly report from the Executive Secretary of the Central American Monetary Council (SECMCA) focuses on the region's inflation and recovery prospects.
Inflation, measured by year-on-year change in consumer prices, slowed in the second quarter of 2010 to 4.9%, compared to 2.9% in June 2009. This level is within the target limits set by the region's central banks.
After showing constant growth during 2007 and 2008, inflation indexes slowed down considerably in the second half of 2009.
The Executive Secretary of the Central American Monetary Council presented its 30th Regional Economic Update. In it, they calculate how much inflation was indirectly imported by the Central American countries.
For this, they elaborated indexes of the various components which explain price changes in the past years.
Fitch Ratings reported that the risks to regional banks during the current crisis are growing and represent a major challenge for 2009.
The combination of reduced credit expansion, fund restrictions and increasing loan provisions have limited the profits of most banks and it is expected for these factors to continue to pressure the results in the coming months.
Fitch Ratings reported that the risks to regional banks during the current crisis are growing and represent a major challenge for 2009.
The combination of reduced credit expansion, fund restrictions and increasing loan provisions have limited the profits of most banks and it is expected for these factors to continue to pressure the results in the coming months.
As of December 2008, the Consumer Price Index grew 0.1%, according to data published by the Central Bank of Honduras.
The latribuna.hn reports that "for the fourth consecutive month, there has been a decrease in the price index for the "Transport" item, which for this month was at 3.9% as a result of the reduction in the price of regular, super gasoline and diesel, respectively.
In September inflation grew by 0.1% and reached accumulated to 10.2% this year in Honduras.
A report from the Central Bank of Honduras (BCH) on the Consumer Price Index (PCI) also showed that the inter-annual inflation was at 13.7% in September.
Accumulated inflation in 2007 in Honduras was at 6.9% and the inter-annual inflation was 8.9%, according to the BCH.