Haiti - Economy : +0.9% inflation in November - HaitiLibre.com : Haiti news 7/7
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Haiti - Economy : +0.9% inflation in November
31/12/2017 08:23:16

Haiti - Economy : +0.9% inflation in November
For the month of November 2017, the General Consumer Price Index (base 100 in August 2004) is 324.6 against 321.8 the previous month, showing + 0.9% monthly, the same growth rate as the previous month. Year-on-year (last 12 months) inflation stands at 13.7%, slightly better than November 2016 where inflation was 14.2%.

The monthly increase in inflation of 0.9% is mainly the result of the behavior of consumption functions : "Food, Beverages and Tobacco" (+ 1.0%), "Clothing, Textiles and Footwear" (1.0%), "Development, Equipment and Housing Maintenance "(+ 1.1%) and" Health "(+ 1.6%).

The positive variation in the "Food, Beverage and Tobacco" index, which represents more than 50% of the household budget, stems, among other things, from the increase of : meat, on average (+ 2.2%), chicken (+ 1.7%) , fresh fish (+ 1.6%), cod (+ 1.4%), coconut (+ 1.8%), avocado (+ 1.1%), banana (+ 1.6%), giraumon (+ 1.3%), pumpkin, pumpkin (+ 1.5%), eggplant (+ 1.4%), cabbage (+ 1.4%), carrots (+ 1.4%), tomatoes (+1.7%) %), yams (+ 1.3%), malanga (+ 1.5%), cassava (+ 1.4%), potatoes (+ 1.5%), potatoes (+ 1.4%), the real tree (+ 1.7%), orange (+ 1.0%), chadec (+ 1.2%), papaya (+ 1.8%) and lemon (+ 1.7%).

The rise in the "Apparel, Fabrics and Footwear" index is linked particularly to the prices of : fabric (+ 0.9%), men's trousers (+ 1.0%), t-shirt (+ 1.1%), T-shirt women (+ 2.7%), clothing (+ 1.7%), shoes and tennis (+ 1.5%) and sandals (+ 1.1%).


The increase in the "Accommodation, Equipment and Maintenance" index is attributable to the increase in prices of : mattress (+ 1.1%), bed linen (+ 2.3%), curtains (+2.0) %), groundwater (+ 1.0%), home-made stoves (+ 1.6%), detergent (+ 1.0%) and domestic workers' wages (+ 2.1%).

Finally, the increase in the "Health" index is due to prices of : medicines (+ 1.0%), fees paid to doctors (+ 2.1%), laboratory analysis, radiography (+ 1.0%) and hospitalization expenses (+ 1.3%).

Situation in figures by function for the whole country (yoy) :
Food, beverages and tobacco : 13.2%
Apparel and textiles, footwear : 18.5%
Rent housing, energy and water : 19.5%
Development and maintenance of housing : 11.1%
Health : 18.3%
Transport : 6.5%
Leisure, entertainment, education and cultural : 10.7%
Other goods and services : 11.6%

Situation in Figures local products (yoy) :
Food, beverages and tobacco : 14.5%
Apparel and textiles, footwear : 15.6%
Rent housing, energy and water : 20.0%
Development and maintenance of housing : 13.8%
Health : 17.8%
Transport : 4.8%
Leisure, entertainment, education and cultural : 11.4%
Other goods and services : 3.0%

Situation in figures of imported products (YoY) :
Food, beverages and tobacco : 7.7%
Apparel and textiles, footwear : 19.1%
Rent housing, energy and water : 18.7%
Development and maintenance of housing : 15.4%
Health : 7.5%
Transport : 12.6%
Leisure, entertainment, education and cultural : 10.6%
Other goods and services : 10.3%

General Price Index by Region (Variation on a month) :
Metropolitan area (+ 0.9%)
Rest North (+ 0.9%) (includes the departments of South-East and West)
North (+ 0.8%), (including departments of the North, Northeast and Northwest)
South (+ 1.0%) (including South departments of Grand'Anse and Nippes)
Transversal (+ 0.8%), (including the departments of Centre and Artibonite)

See also :
https://www.haitilibre.com/en/news-22821-haiti-economy-very-slight-slowdown-in-the-rise-in-monthly-inflation.html

HL/ HaitiLibre

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