After the July Consumer Price Index reported a 6.1% year-on-year variation, in August the increase was 6.3%.
In cumulative terms, national inflation stood at 4.03% (1.66% in August 2018), induced by the behavior of prices in the divisions of Alcoholic beverages and tobacco (42.89%), Several goods and services (9.87%), and Food and non-alcoholic beverages (2.81%), with a joint contribution of 2.13%, reported the Central Bank of Nicaragua.
During the third month of the year, the CPI registered a 1.82% monthly variation, mainly because of the prices of alcoholic beverages and tobacco.
In cumulative terms, domestic inflation was 1.84%, year-on-year inflation was 5.09%, 0.25% higher than in March 2018, while base year-on-year inflation was 5.25% (4.20% in March 2018), reported the Central Bank of Nicaragua (BCN).
After the country's Consumer Price Index rose to 3.3% in February 2019, it increased to 5.1% in March.
The March Consumer Price Index (CPI) showed a monthly increase of 1.82% (0.14% in March 2018), mainly because of the rise in prices of some goods and services of the divisions: Alcoholic beverages and tobacco (31.37%), Miscellaneous goods and services (3.76%), and Food and non-alcoholic beverages (1.62%), which together contributed 1.176 percentage points to the observed variation, reported the Central Bank of Nicaragua (BCN).
Education and transportation services were the main spending divisions that during the second month of the year caused the variation of the Consumer Price Index in the country.
The Consumer Price Index (CPI) for February showed a 0.27 percent monthly increase (0.22% in February 2018), mainly because of the behavior of prices in some goods and services of the divisions of Education (3.86%), Transportation (1.35%), Furniture and household goods and their conservation (0.67%), which together contributed 0.388 percentage points to the observed variation, explains a report from the Central Bank of Nicaragua (BCN).
After reaching the highest level this year with 5.6% in June, the price index reported a variation of 5.2% in August compared to the same month in 2017.
The Consumer Price Index (CPI) showed a decrease of 0.24% (-0.03% in August 2017), explained mainly by the behavior of prices in some goods and services in the divisions of Food and non-alcoholic beverages (- 0.75%), Recreation and culture (-3.88%) and Communications (-0.06%), which together contributed -0.4 percentage points to the observed variation, reported the Central Bank of Nicaragua (BCN).
During the third month of the year, the CPI recorded a monthly variation of 0.14%, mainly explained by the prices of accommodation, water, electricity and gas, and restaurants and hotels.
From a report by the Central Bank of Nicaragua:
The Consumer Price Index (CPI) showed an increase of 0.14 percent (0.12% in March 2017), explained mainly by the behavior of prices in some goods and services in the divisions of Housing, water, electricity, gas and other fuels (0.58%); Restaurants and hotels (0.40%); and Miscellaneous goods and services (0.52%), which together contributed 0.132 percentage points to the variation observed.In contrast, the Food and non-alcoholic beverages division showed a decrease of -0.32 percent (-0.112pp). [GRAFICA caption = "Click to interact with graph"]
In October of this year, the CPI registered a monthly variation of 0.55%, mainly explained by the prices of food, non-alcoholic beverages and water, electricity, gas and other fuels.
From a report by the Central Bank of Nicaragua:
The Consumer Price Index (CPI) showed a monthly variation of 0.55 percent (0.31% in October 2016), mainly explained by the behavior of prices in some goods and services in the category of Food and non-alcoholic beverages (1.17% ); Housing, water, electricity, gas and other fuels (1.18%); and Restaurants and hotels (0.67%), which together contributed 0.583 percentage points to the variation observed.In contrast, the division of Transport, showed a variation of -1.43 percent (-1,09pp).[GRAFICA caption = "Click to interact with graphics"]
In August the monthly variation was almost nil, and inflation accumulated in the first eight months of the year closed at 2.37%.
From a statement issued by the Central Bank of Nicaragua:
The Consumer Price Index (CPI) showed a monthly variation of -0.03 percent (-0.36% in August 2016), mainly explained by the behavior of prices in some goods and services in the categories of Food and non-alcoholic beverages ( -0.71%); Restaurants and hotels (-0.27%); and Communications (-0.87%), which together contributed -0.298 percentage points to the observed variation.In contrast, the division of Transport, showed a variation of 1.40 percent (1,04pp).[GRAFICA caption = "Click to interact with graphics"]
In April, the monthly variation was 0.32%, mainly explained by the behavior of transport and food and beverage prices.
From a report by the Central Bank of Nicaragua:
The Consumer Price Index (CPI) showed a monthly variation of 0.32 percent (0.14% in April 2016), mainly explained by the behavior of prices in some of the goods and services in Transportation (2.00%), Food and Non-alcoholic beverages (0.17%) and Recreation and culture (1.21%), which together contributed 0.253 percentage points to the variation observed.In contrast, in the division of Housing, water, electricity, gas and other fuels there was a variation of -0.76 percent (-0.068pp).[GRAFICA caption = "Click to interact with graphics"]
The monthly variation in March was 0.12%, mainly explained by the behavior of prices of various goods and services and furniture and household items.
From a report by the Central Bank of Nicaragua:
The Consumer Price Index (CPI) showed a monthly variation of 0.12 percent (0.63% in March 2016), mainly explained by the behavior of prices of some goods and services in the divisions of miscellaneous goods and services (0.40%) Furniture, household items and routine household maintenance (0.31%) and Health (0.36%), which together contributed 0.068 percentage points to the observed variation.In contrast, in the division of Housing, water electricity, gas and other fuels there was a variation of -0.19 percent (-0.017pp).[GRAFICA caption = "Click to interact with graphics"]
2017 began with a monthly variation of 0.61%, mainly explained by the behavior of prices of housing, water, electricity, gas and other fuels.
From a report by the Central Bank of Nicaragua:
The Consumer Price Index (CPI) showed a monthly variation of 0.61 percent (-0.11% in January 2016), mainly explained by the behavior of prices of some goods and services in the divisions of Housing, water, electricity, gas and other fuels (3.76%), Food and non-alcoholic beverages (0.77%) and transportation (1.39%), which together contributed 0.699 percentage points to the observed variation.In contrast, the division of Recreation and culture, showed a variation of -5.02 percent (-0.205pp)).[GRAFICA caption = "Click to interact with graphics"]
In November the consumer price index recorded a monthly variation of 0.27%, making inflation accumulated so far this year 2.31%.
From a report by the Central Bank of Nicaragua:
The Consumer Price Index (CPI) showed a monthly variation of 0.27 percent (0.36% in November 2015), mainly explained by the behavior of prices of some goods and services in the divisions of Food and alcoholic drinks (0.22%); Housing, water, electricity, gas and other fuels (0.86%); and Recreation and culture (1.93%), which together contributed 0.224 percentage points to the observed variation.In contrast, the division of Transport, showed a variation of -1.00 percent (-0,074pp).
In August the consumer price index recorded a monthly variation of -0.36%, accumulating inflation so far this year of 2.03%.
From a report by the Central Bank of Nicaragua:
The Consumer Price Index (CPI) showed a monthly variation of -0.36 percent (-0.01% in August 2015), mainly explained by the behavior of prices of some goods and services in the divisions of Food and non-alcoholic beverages (-1.11%), Recreation and culture (-1.72%) and Housing, water, electricity, gas and other fuels (-0.27%), which together contributed -0.492 percentage points to the variation observed.In contrast, the division of furniture, housewares and home conservation, showed a variation of 0.72 percent (0.050 pp).
In May the consumer price index registered a variation of 0.57%, with accumulated inflation so far this year being 2.17%.
From a report by the Central Bank of Nicaragua:
The Consumer Price Index (CPI) showed a monthly variation of 0.57 percent (0.51% in December 2015), mainly explained by increased prices in some goods and services in the divisions of Food and non alcoholic drinks (0.54%), recreation and culture (2.97%) and transportation (1.14%), which together contributed 0.389 percentage points to the observed variation. In contrast the category of Communications showed the opposite behavior with a variation of -0.07 percent (-0.002 pp).
In April, the consumer price index registered a variation of 0.14%, accumulating inflation so far this year of 1.59%.
From a report by the Central Bank of Nicaragua:
The Consumer Price Index (CPI) recorded a monthly variation of 0.14 percent (0.20% in December 2015), mainly explained by increased prices of some goods and services in the categories of Transportation (2, 03%), Housing, water, electricity gas and other fuels (0.65%) and Furnishings, household equipment and routine household maintenance (0.39%), which together contributed 0.224 percentage points to the variation observed.