Panama: Inflation ticks down in November
December 19, 2018
Consumer prices fell 0.4% month-on-month in November, contrasting October’s 0.1% increase. According to the National Comptroller’s Office (Contraloría General de la República), lower prices for transport; housing, water, electricity and gas; recreation and culture; and alcohol and tobacco drove the reading,
Inflation fell to 0.8% in November, from 1.0% in October. Annual average inflation, meanwhile, was stable at October’s 0.8% in November.
Author: Joffrey Simonet, Economist