Panama Inflation January 2019

Panama

Panama: Consumer prices fall in annual terms in January

February 15, 2019

Consumer prices fell 0.3% month-on-month in January, up from December’s 0.4% decline. According to the National Comptroller’s Office (Contraloría General de la República), lower prices for transport; housing, water, electricity and gas; education; and food and non-alcoholic beverages drove the reading.

In year-on-year terms, consumer prices fell by 0.3% in January, contrasting the 0.2% rise logged in December. Annual average inflation, meanwhile, ticked down to 0.7% from 0.8% in December.

FocusEconomics Consensus Forecast panelists expect inflation to accelerate this year, ending 2019 at 1.6%, which is down 0.2 percentage points from last month’s forecast. For 2020, panelists expect inflation to end the year at 1.7%.


Author:, Economist

Sample Report

Looking for forecasts related to Inflation in Panama? Download a sample report now.

Download

Panama Inflation Chart


Panama Inflation January 2019

Note: Annual variation of consumer price index in %.
Source: National Comptroller’s Office and FocusEconomics calculations


Panama Economic News

  • Panama: Consumer prices fall year-on-year in June

    July 15, 2019

    Consumer prices fell 0.3% over the prior month in June, contrasting the 0.1% increase recorded in May.

    Read more

  • Panama: Economic activity remains feeble in April

    June 21, 2019

    The monthly indicator for economic activity (IMAE, Índice Mensual de Actividad Económica) grew 2.9% year-on-year in April, down from March’s 3.0% and representing the worst print since July 2018. According to Panama’s Comptroller’s Office (Contraloría General de la República), the increase in economic activity in April came on the back of growth in the sectors of transportation, warehousing and communications (which includes activity in the Panama Canal and national ports); water, gas and electricity supply; financial intermediation; construction; and public administration.

    Read more

  • Panama: Growth falters in Q1 on softer construction, shipping and financial services growth

    June 17, 2019

    According to data released by the National Comptroller’s Office, the economy lost traction in the first quarter of 2019, interrupting a growth rebound that had started two quarters prior.

    Read more

  • Panama: Consumer prices flatten in annual terms in May

    June 14, 2019

    Consumer prices rose 0.1% month-on-month in May, down from the 0.3% increase logged in April.

    Read more

  • Panama: Economic activity falters in March

    May 21, 2019

    The monthly indicator for economic activity (IMAE, Índice Mensual de Actividad Económica) grew 3.0% year-on-year in March, significantly weakening from February’s 3.7% print. According to Panama’s Comptroller’s Office (Contraloría General de la República), the increase in economic activity in March was largely driven by growth in the sectors of transportation, warehousing and communications (which includes activity in the Panama Canal and national ports); water and electricity supply; financial intermediation; and public administration.

    Read more

More news

Search form