Producer Prices in Panama
Panama - Producer Prices
Consumer prices fall in annual terms in January
Consumer prices fell 0.3% month-on-month in January, up from December’s 0.4% decline. According to the National Comptroller’s Office (Contraloría General de la República), lower prices for transport; housing, water, electricity and gas; education; and food and non-alcoholic beverages drove the reading.
In year-on-year terms, consumer prices fell by 0.3% in January, contrasting the 0.2% rise logged in December. Annual average inflation, meanwhile, ticked down to 0.7% from 0.8% in December.
FocusEconomics Consensus Forecast panelists expect inflation to accelerate this year, ending 2019 at 1.6%, which is down 0.2 percentage points from last month’s forecast. For 2020, panelists expect inflation to end the year at 1.7%.
Panama - Producer Prices Data
|Inflation (PPI, annual variation in %)||0.2||-1.6||-5.7||-0.8||-|
5 years of economic forecasts for more than 30 economic indicators.
|Stock Market||440||0.0 %||Feb 20|
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February 15, 2019
Consumer prices fell 0.3% month-on-month in January, up from December’s 0.4% decline.
January 21, 2019
The monthly indicator for economic activity (IMAE, Índice Mensual de Actividad Económica) rose from 3.0% in October to 3.5% in November. According to Panama’s Comptroller’s Office (Contraloría General de la República), the increase in economic activity from January to November was largely due to growth in the sectors of transportation, warehousing and communications (which includes activity in the Panama Canal); water and electricity supply; and commerce—notably in the Colón Free Trade Zone.
January 15, 2019
Consumer prices fell 0.4% month-on-month in December, matching November’s print.
December 19, 2018
Consumer prices fell 0.4% month-on-month in November, contrasting October’s 0.1% increase.
Panama: Growth picks up from near decade-low in Q3, but remains hampered by feeble construction sector
December 18, 2018
According to data released by the National Comptroller’s Office (Contraloría General de la República), the economy regained some steam in the third quarter of 2018 after posting its worst performance in nearly a decade in Q2, but nevertheless remained subdued.