Inflation in Panama

Panama Inflation | Economic News & Forecasts

Panama - Inflation

Inflation steady in May

Consumer prices were flat in May, contrasting the 0.19% increase observed in April. According to the National Comptroller’s Office (Contraloría General de la República), higher prices for transportation, restaurant and hotels were offset by lower prices for food and non-alcoholic beverages, and clothing and footwear.

Inflation came in at 0.8% in May, level with April’s reading. Meanwhile, annual average inflation also remained steady in May at the 0.6% print observed in April.

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

2013  2014  2015  2016  2017  
Inflation Rate (CPI, annual variation in %)4.0  2.9  0.2  0.7  0.9  

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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 Met the why particular calculations.

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