In March a monthly variation was registered of 0.33%, mainly due to the behavior of prices of food and non-alcoholic beverages.
From the monthly report by the Central Bank of Honduras:
In the third month of this year, the Consumer Price Index (CPI) showed a monthly growth of 0.33%; in addition, annual inflation was 3.94% and cumulative inflation was 1.65% (2.48% and 1.05% in March 2016, respectively). [GRAFICA caption = "Click to interact with graphics"]
It has been estimated that this year companies´investment in business intelligence systems and data analysis will grow by 12% globally, driven by the banking sector and the manufacturing industry.
According to estimates by the firm International Data Corporation (IDC),"...
Believing that you can only sell more by having the lowest price or offering the best discounts is one of the myths about pricing that can cause companies to fail.
Some practices used in setting prices which are still considered the most suitable by some, are actually are harmful to long-term management of the company.
In February, the consumer price index registered an increase of 0.87% compared to January and accumulated inflation of 1.32% so far this year.
In February this year, the Consumer Price Index (CPI) registered a monthly increase of 0.87%; mainly associated with an increase in tuition prices in different levels of private education, red beans, soft drinks, household fuels (kerosene and LPG gas) and student transportation. With this result, annual inflation stood at 3.84% and cumulative inflation was 1.32%. [GRAFICA caption = "Click to interact with graphics"]
In January the consumer price index recorded an increase of just 0.44% compared to December, keeping annual inflation at 3.44%.
In the first month of 2017 the Consumer Price Index (CPI), showed a monthly variation of 0.44%, behaviour that was associated with price increases in fuel in the local market, clothing and footwear for adults and children, rental housing, as well as tariffs for private water supply. [GRAFICA caption = "Click to interact with graphics"]
In December, the CPI registered a variation of 0.27%, as determined by increased prices of electricity, clothing and food consumed in restaurants.
The Central Bank of Hondurasreports that in December the monthly variation of the Consumer Price Index (CPI) was 0.27%, as determined by increased prices of electricity, clothing and food consumed in restaurants. Meanwhile, annual inflation was 3.31%, 0.95% higher than in the same month last year.
In November, the consumer price index registered a variation of 0.14% and inflation accumulated so far this year is 3.04%.
The Central Bank of Honduras reported that in November the monthly variation of the Consumer Price Index (CPI) was 0.14%, an increase associated with the price increase in fuel and clothing. This means that annual inflation stands at 3.04%, higher than the amount observed in the same month of the previous year (2.10%); similarly, accumulated inflation was 3.04%.
In October, the consumer price index showed no variation, with cumulative inflation so far this year being maintained at 2.90%.
The Central Bank of Honduras reports that in October, the Price Index (CPI) observed no change compared with the previous month, a result caused by falling food prices, especially of basic grains and some fruits, vegetables and tubers; offsetting rising fuel prices in the local market and other goods and services for personal use and the home.Annual inflation stood at 2.82%, higher than in the same month last year (2.54%), while the cumulative inflation stood at 2.90%.
In September the consumer price index recorded a rise of 0.17%, placing inflation accumulated so far this year at 2.90%.
The Central Bank of Honduras reports that in September 2016, monthly inflation measured by the change in the Consumer Price Index (CPI) was 0.17%, which is higher than the amount twelve months earlier (-0.21% ).This behavior is mainly explained by the increase in fuel prices in the local market. Annual inflation stood at 2.90% (2.76% in September last year) and accumulated inflation stood at 2.90%.
In August the consumer price index recorded a rise of 0.14%, placing accumulated inflation so far this year at 2.72%.
The Central Bank of Honduras reports that in August 2016, the monthly variation of the Consumer Price Index (CPI) in August 2016 was 0.14%, the lowest so far this year; but higher than the rate observed twelve months earlier (0.03%), mainly related to the increase in the price of food consumed in restaurants and rental housing.Annual inflation was 2.51% (3.09% in August last year), while the cumulative rate stood at 2.72%.
In June, the consumer price index recorded a rise of 0.65%, placing inflation accumulated so far this year at 2.27%.
The Central Bank of Honduras reports that in June 2016, theConsumerPrice Index(CPI) observed a monthly variation of 0.65%, mainly due to increases in electricity rates, food and fuel; a result which is higher than that of the same month last year (0.56%). With this result, the annual variation stood at 2.45% and cumulative inflation at 2.27%.
The answer to how often any of these ten situations occur in your sales department is a good way to diagnose the health of your business.
1) "It's very difficult to sell at these prices, this is the biggest complaint in relation to sales." Vendors argue that the company's prices are a major obstacle to making progress in the market.
In May the consumer price index recorded a rise of 0.34%, placing inflation accumulated so far this year at 1.61%.
The Central Bank of Honduras reports that "...The monthly variation of the Consumer Price Index (CPI) in May 2016 was 0.34%, a result influenced by an increase in prices of food and fuel. [GRAFICA caption = "Click to interact with graphics"]
This variation is lower than in the same month in 2015 (0.42%).Meanwhile, interannual variation was 2.36%; and accumulated inflation stood at 1.61%; highlighting the downward trend seen in inflation in the last four months.Of the 282 goods and services included in the consumer basket that make up the CPI, 48.94% showed rising prices, 12.05% fell and the remaining 39.01% were unchanged during the month under analysis.The category that contributed the most to monthly inflation was "Food and non-alcoholic beverages" with 0.13 percentage points (pp); followed by "Transport" with 0.08 pp, "Housing, water, electricity, gas and other fuels" with 0.05 pp and "Clothing and footwear" with 0.03 pp; contributing 85.29% of total inflation together.
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2099