Panama Inflation September 2018


Panama: Inflation continues to decrease in September

October 15, 2018

Consumer prices were flat month-on-month in September, following the 0.1% month-on-month increase logged in August. According to the National Comptroller’s Office (Contraloría General de la República), higher prices for alcoholic drinks and tobacco; furniture and household items; restaurants and hotels; and miscellaneous goods were offset by price declines for clothing and footwear; communication; transport; and recreation and culture.

Inflation fell to 0.8% in September from 1.1% in August, a four-month low. Annual average inflation, meanwhile, remained stable at August’s 0.7%.

Panama Inflation Forecast

FocusEconomics Consensus Forecast panelists expect inflation to accelerate next year, ending 2019 at 1.7%, which is down 0.1 percentage points from last month’s forecast. For 2020, panelists expect inflation to end the year at 1.8%.

Author:, Economist

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Panama Inflation Chart

Panama Inflation September 2018

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

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