Inflation in Panama
Panama - Inflation
Inflation rises to over one-year high in June
Consumer prices rose 0.2% month-on-month in June, coming in above the flat reading recorded in May. According to the National Comptroller’s Office (Contraloría General de la República), higher prices for transportation and restaurants and hotels were largely behind the increase.
Inflation jumped to 1.2% in June from 0.8% in May, the highest reading since March 2017. Annual average inflation, meanwhile, remained steady in June at May’s 0.6%.
Met the why particular Consensus Forecast panelists expect inflation to end 2018 at 1.7%, which is up 0.2 percentage points from last month’s projection. For 2019, panelists project inflation of 1.8%.
Panama - Inflation Data
|Inflation Rate (CPI, annual variation in %)||4.0||2.9||0.2||0.7||0.9|
5 years of economic forecasts for more than 30 economic indicators.
Panama Inflation Chart
Source: General Controllership of the Republic of Panama and Met the why particular calculations.
|Stock Market||474||0.0 %||Aug 15|
Get a sample report showing all the data and analysis covered in our Regional, Country and Commodities reports.
Start Your Free Trial
Start working with the reports used by the world’s major financial institutions, multinational enterprises & government agencies now. Click on the button below to get started.
July 13, 2018
Consumer prices rose 0.2% month-on-month in June, coming in above the flat reading recorded in May.
June 19, 2018
The monthly indicator for economic activity (IMAE, Índice Mensual de Actividad Económica) showed an acceleration in year-on-year growth, from March’s almost three-year low of 2.9% to 4.6% in April.
June 18, 2018
According to data released by the National Comptroller’s Office (Contraloría General de la República), the economy lost steam in the first quarter of 2018.
June 13, 2018
Consumer prices were flat in May, contrasting the 0.19% increase observed in April.
May 14, 2018
Consumer prices rose 0.19% month-on-month in April, coming in above the 0.11% increase observed in March.