Wednesday 23 June 2021

Nicaragua Annual Inflation 2.75% in August 2015

The girl with the pig in Nicaragua
The girl with the pig in Nicaragua

TODAY NICARAGUA – In August, the CPI registered a negative variation of 0.01%, accumulating so far this year inflation of 1.34%, well below the 5% measured in the same period in 2014.

From a report by the Central Bank of Nicaragua:

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Monthly inflation in August was -0.01 percent (0.32% in December 2014). The monthly inflation rate was mainly determined by lower prices in the divisions of transport (-2.30%) and; food and non-alcoholic beverages (-0.20%) beverages, contributing -0254 whole percentage points to the observed variation.

Significantly, these declines were partially offset by price increases in the divisions of restaurants and hotels; recreation and culture, together contributing 0.136 percentage points.

Accumulated national inflation recorded 1.34 percent (5.03% in August 2014), induced by the behavior of prices in the divisions of restaurants and hotels; education and transport, together with a contribution of 1.224 percentage points.

Finally, annual inflation stood at 2.75 percent, 3.98 percentage points lower than in August 2014 (6.73%), while core inflation recorded 6.62 percent (4.97% in August 2014).

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Article originally appeared at Todaynicaragua.com

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FACT CHECK:
We strive for accuracy in its reports. But if you see something that doesn’t look right, send us an email. The Q reviews and updates its content regularly to ensure it’s accuracy.

Ricohttp://www.theqmedia.com
"Rico" is the crazy mind behind the Q media websites, a series of online magazines where everything is Q! In these times of new normal, stay at home. Stay safe. Stay healthy.

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