Inflation in Haiti
Haiti - InflationAccording to the national statistical authority, the economy contracted for the third year running in FY 2021, which ended in September. A dramatic fall in investment was behind the decline, likely caused by significant political uncertainty and natural disasters. Rising imports also contributed to weaker growth, while private and public consumption increased. Turning to FY 2022, prospects went from bad to worse early in the period: Gangs gained control of large swathes of the country, with port and road blockades causing severe fuel and water shortages and a resulting spiral in inflation through November. While an easing of blockades since November will be offering some respite, an apparent assassination attempt against the prime minister in January indicates that violence remains widespread, with greater external support and civil society engagement likely necessary for stabilization.
Haiti - Inflation Data
|Inflation Rate (CPI, annual variation in %)||9.0||13.8||14.7||13.7||-|
5 years of economic forecasts for more than 30 economic indicators.
Haiti Inflation Chart
Source: Haiti Central Bank and FocusEconomics calculations.
|Exchange Rate||87.66||-1.13 %||Jan 01|
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