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Haiti - Economy : Inflation reaches the threshold of 12%
26/12/2015 13:17:56

Haiti - Economy : Inflation reaches the threshold of 12%
During the month of November 2015 the increase in inflation that began in May 2015, has continued. The level of the Index General of Consumer Prices (base 100 in August 2004) increased from 248.2 to 250.1 or a monthly inflation of 0.8% and 12% yoy.

The functions that have contributed most to this monthly increase of 0.8% are mainly "Food, Beverage & Tobacco" (0.8%), "Clothing, Textiles and Footwear" (+ 1.0%), "Rent housing, Energy and Water "(+ 1.1%) and" Health "(+ 0.7%).

The progression of the "Food, Beverage & Tobacco" function representing over 50% of the household budget comes inter alia from millet prices (+ 3.8%), wheat flour (3.1%), bread (+ 1.0%), ham (+ 13.3%), eggs (3.6 %), bananas (+ 3.1%), hot dog (+ 2.1%), salt herring (+ 1.8%), lawyer (+ 1.9%), tomatoes (+ 4.3%) and orange (+ 2.4%).

The increase in the "Clothing, Textiles and Footwear" function is mainly due to the increase in products such as tissues (+ 1.6%), suit, jacket Universal (+ 1.0%), shirt (+ 1.3% ), wife t-shirts (+ 2.4%), making clothes (+ 1.4%) and sandals (+ 1.4%).

The rent of the accommodation of + 2.2%, is mainly due to the growth of the index "Rent of the accommodation, Energy and Water" function.

Situation in figures by function for the whole country (yoy) :
Food, beverages and tobacco : 17.1%
Apparel and textiles, footwear : 15.5%
Rent housing, energy and water : 10.3%
Development and maintenance of housing : 10.9%
Health : 11.1%
Transport : 2.0%
Leisure, entertainment, education and cultural : 8.6%
Other goods and services : 7.4%

Situation in Figures local products (yoy) : :
Food, beverages and tobacco : 3.9%
Apparel and textiles, footwear : 18.2%
Rent housing, energy and water : 0.5%
Development and maintenance of housing : 21.8%
Health : 4.3%
Transport : -5.2%
Leisure, entertainment, education and cultural : 32.3%
Other goods and services : 19.6%

General Price Index by Region (Variation on a month) :
Metropolitan area (+ 0.7%)
Rest North (+ 0.8%) (includes the departments of South-East and West)
North (+ 0.9%), (including departments of the North, Northeast and Northwest)
South (+ 0.9%) (including South departments of Grand'Anse and Nippes)
Transversal (+ 0.6%), (including the departments of Centre and Artibonite)

See also :
https://www.haitilibre.com/en/news-15856-haiti-economy-in-october-inflation-keep-rising.html

HL/ HaitiLibre

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