Inflation in Panama

Panama Inflation | Economic News & Forecasts

Panama - Inflation

Consumer prices slide in annual terms in March

Consumer prices fell 0.44% in March on a month-on-month basis, down from the 0.25% decline in February. Significantly cheaper transport prices underpinned the latest print.

Meanwhile, consumer prices fell 0.8% in March compared to the same month a year earlier, contrasting the flat reading in February. The average change in consumer prices in the 12 months leading up to March was negative 0.3%, as in February.

FocusEconomics Consensus Forecast panelists expect inflation to end 2020 at 0.3%, which is down 0.2 percentage points from last month’s forecast, and to end at 0.8% in 2021.

Panama - Inflation Data

2015   2016   2017   2018   2019  
Inflation Rate (CPI, annual variation in %)0.1  0.7  0.9  0.8  -0.4  

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Panama Inflation Chart


Panama Inflation
Note: Annual variation of consumer price index (CPI) in %.
Source: General Controllership of the Republic of Panama and FocusEconomics calculations.

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