Inflation decelerated to 10.9% in January (December: 11.6%). Meanwhile, the policy rate set by the Central Bank has stood at 7.00% since December. Inflation will decelerate this year as commodity prices moderate and global supply chain disruptions ease. However, local supply difficulties and second-round effects remain upside risks.
Nicaragua Inflation (CPI, ann. var. %, eop) Data
| 2017 | 2018 | 2019 | 2020 | 2021 | |
|---|---|---|---|---|---|
| Inflation (CPI, ann. var. %, eop) | 5.7 | 3.9 | 6.1 | 2.9 | 7.2 |