Panama Inflation November 2018

Panama

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.

FocusEconomics Consensus Forecast panelists expect inflation to accelerate next year, ending 2019 at 1.8%, which is down 0.1 percentage points from last month’s forecast. For 2020, panelists expect inflation to end the year at 1.6%.


Author:, Economist

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Panama Inflation Chart


Panama Inflation November 2018

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


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