Producer Prices in Panama

Panama Producer Prices | Economic News & Forecasts

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

2013  2014  2015  2016  2017  
Inflation (PPI, annual variation in %)0.2  -1.6  -5.7  -0.8  -     

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