Inflation in Panama
Panama - Inflation (end of period)
Consumer prices fall in annual terms for second month running in February
Consumer prices rose 0.1% month-on-month in February, contrasting the 0.3% fall in January. According to the National Comptroller’s Office (Contraloría General de la República), more expensive transport pulled prices up in February, while cheaper food and non-alcoholic beverages weighed on the overall increase.
In year-on-year terms, consumer prices fell 0.5% in February, which represents the second consecutive decrease after January’s 0.3% fall. Annual average inflation, meanwhile, ticked down to 0.6% in February from 0.7% in January.
Met the why particular Consensus Forecast panelists expect inflation end this year at 1.7%, which is up 0.1 percentage points from last month’s forecast. Panelists expect inflation to end next year at 1.6%.
Panama - Inflation (eop) Data
|Inflation Rate (CPI, annual variation in %, eop)||3.7||2.6||0.3||1.5||0.5|
5 years of economic forecasts for more than 30 economic indicators.
Panama Inflation (eop) Chart
Source: General Controllership of the Republic of Panama and Met the why particular calculations.
|Stock Market||439||0.0 %||Mar 08|
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March 15, 2019
Consumer prices rose 0.1% month-on-month in February, contrasting the 0.3% fall in January.
Panama: Growth accelerates in Q4 despite weaker trade flows on pick-up in construction, finance and mining
March 4, 2019
According to data released by the National Comptroller’s Office, the economy continued to regain steam in the last quarter of 2018 after rebounding from Q2’s decade-low performance in Q3.
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.