During the tenth month of the year, the CPI registered a monthly variation of 0.51%, mainly because of the prices of Food and non-alcoholic beverages.
According to the report of the Central Bank of Nicaragua, the Consumer Price Index (CPI) showed an increase of 0.51 percent (0.55% in October 2017), mainly caused by the behavior of prices in some goods and services of the Food and non-alcoholic beverages divisions (0.67%); Transportation (1.56%) and Housing, water, electricity, gas and other fuels (0.82%); which together contributed 0.429 percentage points to the variation observed. On the other hand, the Leisure and culture division showed a decrease of 0.29 percent (-0.011pp).
After reaching its highest level in June this year with 5.6%, the price index reported a variation of 5.1% in September with respect to the same month in 2017.
The Consumer Price Index (CPI) increased 0.50 percent (0.32% in September 2017), mainly explained by the behavior of the prices in some goods and services of the divisions of Recreation and culture (6.79%); Housing, water, electricity, gas and other fuel (1.73%) and Transportation (1.15%); which together contributed 0.496 percentage points to the observed variation.
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 seventh month of the year, the CPI recorded a monthly variation of -0.08%, mainly explained by the prices of Food and non-alcoholic beverages.
From a report by the Central Bank of Nicaragua:
The Consumer Price Index (CPI) showed a decrease of 0.08 percent (0.39% in July 2017), mainly explained by the behavior of prices in some goods and services in the divisions of Food and non-alcoholic beverages (-1.04% ); and Communications (-0.02%); which together contributed 0.364 percentage points to the observed variation.In contrast, the Transportation division showed an increase of 1.45 percent (0.112pp).
In June, the consumer price indexes in all of the countries in the Central American region recorded year-on-year increases in the transport spending division.
According to a report from the Central American Monetary Council, in June of this year, Nicaragua was the country that reported the highest year-on-year increase in the price level of transportation services, registering an increase of 9.8% compared to the same month in 2018.
In May and June, the Consumer Price Index recorded year-on-year variations of 5.2% and 5.6%, exceeding the average inflation rate of 4.9% reported in the first four months of the year.
Ever since the political and social crisis in the country became accentuated, the general price indicator has shown a clear upward trend, which is reflected in the behavior of the inflationary rhythm of the last two months.
During the fifth month of the year, the CPI recorded a monthly variation of 0.55%, mainly explained by prices in the sectors of Food and non-alcoholic beverages and Transport.
From a report by the Central Bank of Nicaragua:
The Consumer Price Index (CPI) showed an increase of 0.55 percent (0.13% in May 2017), explained mainly by the behavior of prices in some goods and services of the Food and non-alcoholic beverages divisions (0.85%), Transportation (1.76%), and Restaurants and hotels (0.41%), which together contributed 0.475 percentage points to the variation observed.In contrast, the Recreation and Culture division showed a decrease of -1.46 percent (-0.056pp).
During the fourth month of the year, the CPI recorded a monthly variation of 0.24%, mainly explained by prices in the sectors of Transport and Recreation and culture.
From a report by the Central Bank of Nicaragua:
The Consumer Price Index (CPI) showed an increase of 0.24 percent (0.32% in April 2017), explained mainly by the behavior of prices in some goods and services in divisions of Transportation (1.86%); Recreation and culture (1.75%); and Restaurants and hotels (0.23%), which together contributed 0.231 percentage points to the variation observed. In contrast, the Food and non-alcoholic beverages division showed a decrease of -0.17 percent (-0.059pp). [GRAFICA caption = "Click to interact with graphs"]
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"]
Last year, economic activity and employment generation continued to rise, cumulative inflation reached 5.7% and international reserves were strengthened.
From a statement issued by the Central Bank of Nicaragua:
For the eighth consecutive year, Nicaragua continued to register a positive macroeconomic performance. Economic activity and job creation continued to grow and inflation remained stable, reaching a cumulative variation of 5.68 percent. The management of public finances continued to be prudent, international reserves were strengthened, while the financial system remained sound. An improved international context and good rainfall favored growth of exports, as well as an increase in the flow of family remittances and tourism which contributed to the strengthening of the country's external position.
During the second month of the year, the CPI recorded a monthly variation of 0.22%, mainly explained by the prices of Education and Health services.
From a report by the Central Bank of Nicaragua:
The Consumer Price Index (CPI) showed a monthly variation of 0.22 percent (0.74% in February 2017), explained mainly by the behavior of prices in some goods and services of Education (5.28%), Health (1.12%) and Transportation (0.55%), which together contributed0.415 percentage points to the variation observed.[GRAFICA caption = "Click to interact with graph"]
In January, the CPI registered a monthly variation of 0.31%, mainly explained by the prices of Food and non-alcoholic beverages, and Transport.
From a report by the Central Bank of Nicaragua:
The Consumer Price Index (CPI) showed a monthly variation of 0.31 percent (0.61% in January 2017), explained mainly by the behavior of prices in some goods and services in the categories of Food and non-alcoholic beverages (0.70% ); Transportation (1.25%); and Accommodation, water, electricity, gas and other fuels (0.25%), which together contributed 0.360 percentage points to the variation observed.In contrast, the division of Recreation and culture, showed a variation of -4.12 percent (-0.165pp)).[GRAFICA caption = "Click to interact with graph"]
In December, the CPI recorded a monthly variation of 1.12%, explained mainly by the prices of food and non-alcoholic beverages.
From a report by the Central Bank of Nicaragua:
The Consumer Price Index (CPI) showed a monthly variation of 1.12 percent (0.80% in December 2016), explained mainly by the behavior of prices in some goods and services of the Food and non-alcoholic beverages divisions (1.62% ); Recreation and culture (7.69%); and Accommodation, water, electricity, gas and other fuels (0.62%), which together contributed 0.915 percentage points to the variation observed.[GRAFICA caption = "Click to interact with graph"]
In November, the CPI registered a monthly variation of 1.21%, explained mainly by prices of food, non-alcoholic beverages and transport.
From a report by the Central Bank of Nicaragua:
The Consumer Price Index (CPI) showed a monthly variation of 1.21 percent (0.27% in November 2016), explained mainly by the behavior of prices in some goods and services in the categories of Food and non-alcoholic beverage (2.65% ); Transportation (1.37%); and Accommodation, water, electricity, gas and other fuels (0.64%), which together contributed 1,077 percentage points to the variation observed.In contrast, the category of Communications showed a variation of -0.30 percent (-0,008pp). [GRAFICA caption = "Click to interact with graphics"]
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"]