Producer Prices in Panama

Panama Producer Prices | Economic News & Forecasts

Panama - Producer Prices

Consumer prices fall in annual terms for third consecutive month in March

Consumer prices rose 0.4% month-on-month in March, up from the 0.1% increase logged in February. According to the National Comptroller’s Office (Contraloría General de la República), higher transport prices—due notably to a rebound in crude oil markets since the start of the year—drove the overall print. In addition, price increases were registered for alcohol and tobacco; communication; health; housing and utilities; hotels and restaurants; and furniture and household goods.

In annual terms, consumer prices fell 0.2% in March, up from February’s 0.5% decline. Annual average inflation, meanwhile, was stable at February’s 0.6%.

FocusEconomics Consensus Forecast panelists expect inflation to end this year at 1.6%, which is down 0.1 percentage points from last month’s forecast, and to end at 1.6% again in 2020.

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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Stock Market4380.0 %Jun 20

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Economic News

  • Panama: Economic activity falters in March

    May 21, 2019

    The monthly indicator for economic activity (IMAE, Índice Mensual de Actividad Económica) grew 3.0% year-on-year in March, significantly weakening from February’s 3.7% print. According to Panama’s Comptroller’s Office (Contraloría General de la República), the increase in economic activity in March was largely driven by growth in the sectors of transportation, warehousing and communications (which includes activity in the Panama Canal and national ports); water and electricity supply; financial intermediation; and public administration.

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  • Panama: Economic activity slightly accelerates in February

    April 22, 2019

    The monthly indicator for economic activity (IMAE, Índice Mensual de Actividad Económica) grew 3.7% year-on-year in February, ticking up from January’s 3.6% print. According to Panama’s Comptroller’s Office (Contraloría General de la República), the increase in economic activity in February was largely driven by growth in the sectors of transportation, warehousing and communications (which includes activity in the Panama Canal and national ports); water and electricity supply; and hotels and restaurants.

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  • Panama: Consumer prices fall in annual terms for third consecutive month in March

    April 15, 2019

    Consumer prices rose 0.4% month-on-month in March, up from the 0.1% increase logged in February.

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    April 9, 2019

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  • Panama: Economic activity softens in January

    March 20, 2019

    The monthly indicator for economic activity (IMAE, Índice Mensual de Actividad Económica) fell from 3.8% in December to 3.6% in January. According to Panama’s Comptroller’s Office (Contraloría General de la República), the increase in economic activity in January was largely driven by growth in the sectors of transportation, warehousing and communications (which includes activity in the Panama Canal); water and electricity supply; and hotels and restaurants.

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