Saturday 12 June 2021

Nicaragua Annual Inflation up to March 2017 is 3.66%


TODAY NICARAGUA – The monthly variation in March was 0.12%, mainly explained by the behavior of prices of various goods and services and furniture and household items.

From a report by the Central Bank of Nicaragua:

The Consumer Price Index (CPI) showed a monthly variation of 0.12 percent (0.63% in March 2016), mainly explained by the behavior of prices of some goods and services in the divisions of miscellaneous goods and services (0.40%) Furniture, household items and routine household maintenance (0.31%) and Health (0.36%), which together contributed 0.068 percentage points to the observed variation. In contrast, in the division of Housing, water electricity, gas and other fuels there was a variation of -0.19 percent (-0.017pp).

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In cumulative terms, domestic inflation was 1.48 percent (1.45% in March 2016), induced by the behavior of prices in the divisions of Food and non-alcoholic beverages; Housing, water, electricity, gas and other fuels; and Education, with a joint contribution of 1.283 percentage points.

In inter annual terms, inflation stood at 3.17 percent, 0.49 percentage points lower than in March 2016, and core inflation was 3.87 percent (5.02% in March 2016).

See full report (In Spanish)

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Article originally appeared on Today Nicaragua and is republished here with permission.

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FACT CHECK:
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Q24N
Q24N is an aggregator of news for Latin America. Reports from Mexico to the tip of Chile and Caribbean are sourced for our readers to find all their Latin America news in one place.

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Article originally appeared on Today Nicaragua and is republished here with permission.

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