The result was determined by the behavior of prices in the divisions of food and non-alcoholic beverages, housing, water, electricity and others.
From a press release by the Central Bank of Nicaragua:
The Central Bank of Nicaragua informed the Nicaraguan people that the national inflation accumulated to December 2013 was 5.54% (6.62% in December 2012).
Food and non-alcoholic beverages, housing, water and electricity were the sectors that contributed most to the rise in the price index.
From a report on the consumer price index released by the Central Bank of Honduras (BCH):
In December 2013, the monthly variation in the Consumer Price Index (CPI) was 0.30% (0.12% in December 2012). Meanwhile, annual inflation was 4.92% and the average for the year was 5.18%.
The proportion of the population that claims to have more purchasing power increased by 8% compared to last year.
According to the latest survey conducted by the Nicaraguan Foundation for Economic and Social Development (Funides), 36% of households considered that their purchasing power has improved, while last year only 28% of households saw their capacity to buy had improved.
Businesses are warning that raising the minimum wage to a level higher than proposed will make the prices of goods and services more expensive, generating inflation.
The National Council of Private Enterprise (CONEP) confirmed that it has submitted a proposal to adjust the minimum wage. "The proposal from the business sector meets the objective of establishing the highest minimum wage in the region," said Gabriel Diez, president of CONEP.
In the last twelve months, prices rose by 3.44%, the lowest variation since November 2009.
From the Consumer Price Index report published by the National Institute of Statistics and Census (INEC)
In November, consumer groups which had the greatest influence on the monthly variation of the General Index were:
- Food and non-alcoholic beverages, mainly due to the increase in the prices of tomato and potatoes, among other things.
The country is expected to end 2013 with economic growth of between 4.2% and 5% and inflation less than 7.5% .
From a press release by the Central Bank of Nicaragua:
The Central Bank of Nicaragua (BCN) and the Ministry of Finance reported that the main economic indicators of the country show there was good momentum in 2013 but vulnerability in an international context marked by a reduction in raw material prices and weak recovery of the world economy.
Analysis of debt sustainability in Central America, economic growth, inflation, revaluation and management of the fiscal deficit.
Central America Fiscal Lens No. 5 reported that gross domestic production in Central America in 2012 amounted to U.S. $184.000 million. The fastest growing economies were Panama, Costa Rica and Nicaragua.
As for exports, although they grew by 7.1%, they were quite far from the 20.5% achieved in 2011.
The Consumer Price Index (CPI) in August compared to July, 2013, showed an increase of 0.3%.
From a Report by the National Institute of Statistics and Census:
Comments on the Consumer Price Index in August 2013 National Urban Category:
The Consumer Price Index (CPI) in August compared with July 2013, increased by 0.3% in National Urban, for the districts of Panama and San Miguelito it was 0.2% and for Other Urban Areas 0.4%.
In June, there was an increase of 0.4%, driven mainly by soft drinks.
A report on the consumer price index has been released by the Central Bank of Honduras (BCH):
In June 2013, the rates of the monthly and interannual variations of the Consumer Price Index (CPI) were 0.4% and 5.3%, respectively, for its part, average inflation for the year reached 5.2 % and the cumulative rate stood at 3.1%.
Former Presidents of the Central Bank of Costa Rica have criticized the bill which sets two equal objectives for the institution: inflation control and boosting production.
They agree that the Central Bank has shown that it does, but remain unconvinced that an expansionary monetary policy can be implemented to boost production indefinitely. Also, the experts believe that although both goals have similar weight, priority is always given to one over the other.
The Consumer Price Index in May 2013 registered a monthly increase of 0.4%, while in the first five months of the year the increase was 2.3%.
From information published by the Comptroller General of the Republic of Panama:
The Consumer Price Index (CPI) in May compared to April of 2013 showed an increase of 0.4%, both in the National Urban category, and for the Other Urban category, while for the districts of Panama and San Miguelito, it was 0.3%. Compared to May 2012, there was an increase of 3.7% in both the National Urban, and the districts of Panama and San Miguelito and Other Urban areas. So far this year, the National Urban CPI reflected a cumulative variation of 2.3%.
The Consumer Price Index (CPI) for April 2013 compared to the previous month recorded an increase of 0.3%
From information published by the Comptroller General of the Republic of Panama:
The Consumer Price Index (CPI) in April compared to March 2013 recorded an increase of 0.3%, both in the National Urban category, and the Other Urban category, while for the districts of Panama and San Miguelito, it was 0.4%.
The International Monetary Fund (IMF) report sheds a positive light on the country's macroeconomic situation and the stability of its financial system.
A staff team from the International Monetary Fund (IMF) visited Guatemala during August 17-26, 2010 to conduct the fourth and final review of the Stand-By Arrangement approved in April 2009. The mission met with Minister of Finance Edgar Balsells; Central Bank Governor María Antonieta de Bonilla; Superintendent of Banks Edgar Barquín; other senior government officials, and representatives of the private sector.