Panama Inflation March 2020

Panama

Panama: Consumer prices slide in annual terms in March

June 26, 2020

Consumer prices fell 0.44% in March on a month-on-month basis, down from the 0.25% decline in February. Significantly cheaper transport prices underpinned the latest print.

Meanwhile, consumer prices fell 0.8% in March compared to the same month a year earlier, contrasting the flat reading in February. The average change in consumer prices in the 12 months leading up to March was negative 0.3%, as in February.

FocusEconomics Consensus Forecast panelists expect inflation to end 2020 at 0.3%, which is down 0.2 percentage points from last month’s forecast, and to end at 0.8% in 2021.


Author:, Economist

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Costa Rica Inflation March 20 20 1

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


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