Panama Inflation April 2020

Panama

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%.

Our panelists project that consumer prices will end this year 0.5% lower in annual terms, which is down 0.2 percentage points from last month’s forecast. Our panelists project consumer prices to increase 0.7% year-on-year at the end of 2021.


Author:, Junior Economist

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Costa Rica Inflation April 20 20 0

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


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