Panama Inflation March 2021


Panama: Inflation returns in March

April 15, 2021

Consumer prices increased 0.43% over the previous month in March, slowing down from February's 0.58% increase. March’s uptick came on higher prices for transportation.

Inflation came in at 0.3% in March, swinging from February’s 0.6% drop in prices. Meanwhile, the trend was unchanged, with the annual average variation of consumer prices coming in at February's minus 1.7% in March.

Our panelists project that consumer prices will end 2021 1.1% higher year-on-year, which is down 0.1 percentage points from last month’s forecast. The panel sees consumer prices increasing 1.4% year-on-year at the end of 2022.

Author:, Junior Economist

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Panama Inflation Chart

Panama Inflation March 2021

Note: Annual and monthly variation of consumer price index in %.
Source: Instituto Nacional de Estadística y Censo.

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