Inflation in Nicaragua
Nicaragua - InflationRecent data points to continued albeit more moderate growth in Q3. Economic activity expanded at a robust pace in July–August, while both imports and exports registered double-digit growth in the same period, hinting at healthy demand dynamics at home and abroad. Meanwhile, remittance inflows remained strong through July and August, which should have buttressed private spending. Lastly, incumbent President Daniel Ortega has secured his fifth term as head of state following a landslide victory in the general elections on 7 November. That said, the undertaking was marred by condemnation from multiple sectors at home and abroad over the legitimacy of the electoral process. Moreover, seven presidential candidates were arrested and multiple opposition parties were disbanded leading up to the vote. Nevertheless, Ortega is expected to continue his current economic agenda going forward.
Nicaragua - Inflation Data
|Inflation Rate (CPI, annual variation in %)||4.0||3.5||3.9||4.9||5.4|
5 years of economic forecasts for more than 30 economic indicators.
Nicaragua Inflation Chart
Source: Nicaragua Central Bank and FocusEconomics calculations.
|Exchange Rate||33.47||2.11 %||Jan 01|
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