Panama: Consumer prices slide in annual terms in April
September 4, 2020
Consumer prices decreased 1.27% in April on a month-on-month basis, down from the 0.44% fall in March. Transport prices continued to fall significantly, which drove this month’s decline.
Consumer prices decreased 2.4% in April in annual terms, after falling 0.8% in March. The average change in consumer prices in the 12 months leading up to April was minus 0.5%, below March’s minus 0.3%.
Author: Frederico Teixeira de Abreu, Junior Economist