Header

 

Panama: The Inflation Rate Accumulated 0.8% between January and November

  • |
  • Sat, 12/22/2018 - 13:22
Panama: The Inflation Rate Accumulated 0.8% between January and November
  • Telemetro

Inflation in Panama accumulated a variation of 0.8% between January and November, the same rate the inter-annual indicator was placed, informed an official source today.

According to data from the National Institute of Statistics and Census (INEC) of the Comptroller General of Panama, the consumer price index (CPI) reflected a variation of -0.4% in November compared to the previous month.

In a commentary, the statistical entity indicated that the groups that showed decreases in the CPI for November compared to last October were transport (-2.4%); alcoholic beverages and tobacco (-0.6%); housing, water, electricity and gas (-0.2%); recreation and culture (-0.2%); clothing and footwear; health, and communications all with -0.1%.

Movable groups, articles for the home and for the ordinary conservation of the home; education, and restaurants and hotels, remained unchanged, while the group increased food and non-alcoholic beverages and that of various goods and services.

Regarding the interannual variation of 0.8%, the INEC indicated that there were increases in the CPI of the education groups (3.7%); alcoholic beverages and tobacco (2.6%); restaurants and hotels (2.5%); transportation (1.8%); health (0.9%); miscellaneous goods and services (0.8%); food and non-alcoholic beverages (0.6%); housing, water, electricity and gas; and furniture, articles for the home and for the ordinary conservation of the home, both with 0.5%.

The groups that presented decreases in the interannual indicator were: communications (-1.4%); clothing and footwear (-1.2%), and recreation and culture (-0.4%), according to official information.

Source-EFE

 

Recommended for You