During the second month of the year, the Consumer Price Index registered a 3.99% year-on-year variation, a rise that was determined in part by the behavior of the prices of education services, hotels and restaurants.
From the Central Bank of Honduras report:
The monthly behavior of the CPI was determined by the contribution of the item "Education" with 0.51 percentage points (pp), together with the items "Recreation and Culture" and "Hotels, Cafes and Restaurants" with 0.04 pp, each. On the contrary, "Transportation" contributed -0.18 pp to the monthly inflation.
After the inflationary rhythm went from 3.8% to 4.1% between November and December 2019, during January 2020 the year-on-year CPI was 4.3%.
In the first month of 2020, the monthly variation of the Consumer Price Index (CPI) was 0.24% (0.03% in January 2019), an increase driven by the rise in the price of services related to housing, some food and recreational and cultural items and services.
The variation in the price of some foods of agricultural origin, transport and health, determined the 4.08% year-on-year increase in the CPI reported in December last year.
In December 2019, the Consumer Price Index (CPI) showed a 0.42% variation (0.19% in December 2018), reflecting the price increase in some foods of agricultural origin, transport and health.
During November, the CPI in Honduras registered a 3.8% variation with respect to the same month in 2018, an inflationary rhythm lower than the 4.1% rate reported in October.
The monthly variation of the Consumer Price Index (CPI) was 0.30% in November 2019, lower than that recorded in the same month of 2018 and 2017 (0.53% and 0.49%, in order), the increase in the index reflects the rise in prices in some food products and fuels, reported the Central Bank of Honduras (BCH).
During October 2019, the CPI registered a 4.1% variation with respect to the same month in 2018, an inflation rate that is lower than the 4.4% reported in September.
In October 2019, monthly inflation -measured through the variation of the Consumer Price Index (CPI)- was 0.24%, lower than the registered in October 2018 (0.56%). The monthly result is mainly the result of the increase in the price of some food products and fuel, informed the Central Bank of Honduras.
During the ninth month of the year, the CPI registered a 4.4% variation with respect to September 2018, being health services and housing rentals, the items that registered the most important increases.
In September 2019, monthly inflation -measured through the variation of the Consumer Price Index (CPI)- was 0.15%. The Central Bank of Honduras reported that the above is explained by the increase in the prices of rental housing and some services for its maintenance, medicines and health services, counteracted by the reduction in the prices of fuels and some food products.
During August, the inflationary rhythm was reduced for the third consecutive month, falling to 4.29%, which is explained by the behavior of the prices of Food and non-alcoholic beverages.
The monthly variation of the Consumer Price Index (CPI) was 0.06% in August 2019, lower than that observed in the same month of the previous year (0.44%), a result mainly because of the reduction in the prices of some foodstuffs, which was compensated by increases in the rent of housing, some medicines and health services, informed the Central Bank of Honduras (BCH).
Between May and June of this year, the inflation rate in Honduras decreased from 5.1% to 4.8%, mainly because of variations in transport prices.
The monthly variation of the Consumer Price Index (CPI), in June 2019, was 0.09%, lower than the observed twelve months ago (0.41%) and the lowest for this month since 2012, informed the Central Bank of Honduras (BCH).
Between April and May of this year, the inflationary rhythm grew from 4.9% to 5.1%, mainly because of variations in the prices of fuels, some services and certain foods.
From the Central Bank of Honduras report:
The items with the highest contribution to monthly inflation were: "Housing, Water, Electricity, Gas and Other Fuels" with 0.09 percentage points (pp); followed by "Transport" and "Food and Non-Alcoholic Beverages" with 0.08 pp, each and "Clothing and Footwear" with 0.04 pp (together contributing 80.6% to monthly inflation). Likewise, the groups "Personal Care" and "Furniture and Household Maintenance Items" each contributed less, with 0.02 pp, and "Health", "Recreation and Culture" and "Hotels, Cafeterias and Restaurants" with 0.01 pp, each.
Increases in the electricity, fuel and some food prices caused a 0.92% monthly variation to be reported during the fourth month of the year.
The categories with the highest contribution to monthly inflation were "Housing, Water, Electricity, Gas and Other Fuels" with 0.37%, "Transportation" with 0.21% and "Food and Non-Alcoholic Beverages" with 0.16% -concentrating 80.4% of the total-, likewise, the groups "Personal Care", "Furniture and Articles for Home Maintenance" and "Clothing and Footwear" contributed in less proportion, informed the Central Bank of Honduras (BCH).
Reported prices for electricity, fuel, some household items and clothing caused much of the monthly change in the CPI recorded in the third month of the year.
From the Central Bank of Honduras report:
In March 2019, the monthly growth of the Consumer Price Index (CPI) was 0.40%, mainly because of the increase in the prices of electricity supply, fuel, some household items and clothing.
The prices reported in the categories of Education, and Food and alcoholic beverages, largely explained the monthly variation of the CPI recorded in the second month of the year.
From the Central Bank of Honduras report:
The monthly growth of the Consumer Price Index (CPI) in February 2019 was 0.77%, influenced mainly by the increase in the price of school fees at different levels of private education, as well as the higher price of some food and fuel. As a result, year-on-year inflation stood at 4.09% (4.33% twelve months ago), and accumulated inflation at 0.80%.
During the first month of the year, the rise in the consumer price index was caused by the behavior of the Water and Electricity Supply and Rental Divisions.
The Consumer Price Index (CPI) registered a 0.03% monthly variation in January 2019, the lowest observed in that month since 2016, informed the Central Bank of Honduras.
The consumer price index registered a monthly variation of 0.56%, due to the increase in the prices in the divisions of Housing, Water, Electricity, Gas and Other Fuels.
From the Central Bank of Honduras Report:
In October 2018, the Consumer Price Index (CPI) presented a monthly variation of 0.56%, mainly due to higher prices in electrical energy, fuels, some perishable foods and clothing.
The consumer price index registered a slight monthly variation of 0.03%, due to the increase in the prices of housing rent and some personal care items.
From the Central Bank of Honduras Report:
In September 2018, the Consumer Price Index (CPI) showed a monthly variation of 0.03%, due to the increase observed in the price of housing rents, some personal care items, food consumed in restaurants, furniture and household appliances, which was almost compensated by the negative variation reflected in the national average prices of some agricultural perishable foods. As a result, the accumulated inflation up to September 2018 was 2.90%, lower than the same period of 2017 (3.24%), while the inter-annual inflation was 4.38% (3.66% twelve months ago), remaining within the tolerance range of 4.0% ± 1.0 percentage points, set in the revision of the 2018-2019 Monetary Program.