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Haiti - Economy : Slight slowdown in inflation in July
29/08/2017 09:05:23

Haiti - Economy : Slight slowdown in inflation in July
In July 2017, the General Consumer Price Index (base 100 in August 2004) down to 312.4 in July compared with 309.3 the previous month, reflecting a very slight slowdown in inflation that shows in July a monthly growth of 1% (+ 1.1% in June) for an annualized inflation rate of 15.6% (15.8% in June).

The monthly increase in inflation is mainly the result of the behavior of consumption functions: "Food, Beverages and Tobacco" (+ 1%), "Clothing, fabrics, shoes" (+ 1.9%), And Water "(+ 1.2%) and" Accommodation Equipment and Maintenance "(+ 0.8%).

The positive change in the index "Food, Beverages and Tobacco", which represents over 50% of the household budget is the rersult among other of the increase of : millet (+ 2.1%), cornflakes (+ 1.4%), beef (+ 2.4%), pork (+ 2.3%), (+2.4%), chicken (+ 1.2%), fresh fish (+ 2.1%), herring (+ 1.5%), salt herring (+ 1.3% ), Cod (+ 1.5%), coconut (+ 2%), avocado (+ 1.2%), bananas (+ 1.5%), giraumon + 1.5%), mirliton, pumpkin (+ 1.8%), eggplant (+ 1.6%), tomato (+ 1.6%), yam 6%), malanga (+ 1.6%), potato (+ 1.6%), potato (+ 2.2%), orange (+ 1.5%), Of the chadque (+ 1.5%) and lemon (+ 1.7%).

The rise in the index "Clothing, Textiles and Shoes" is related particularly to prices of tissues (+ 2.2%), the costume, universal jacket (+ 1.2%), shirts (+ 3.1%) , the man t-shirt (+ 1.6%), the shirt (+ 2.4%), the dress (+ 1.9%) and shoes (+ 2.4%).

The increase in the "Rent of Housing, Energy and Water" index was mainly due to the upward rent housing (+ 1.8%) propane (+ 1.3%) and charcoal (+ 0.8%).

Finally, the upward trend observed in the "Accommodation, Equipment and Maintenance" index is related to the price of living room furniture (+ 1.1%), the dining room (+0.8 %), bed (0.9%), mattress (+ 1.2%), bed linen (+ 2.3%), towels (+ 2.1%), insecticide (+ 2.4%) and disinfectant (+ 2.1%).

Situation in figures by function for the whole country (yoy) :
Food, beverages and tobacco : 14.7%
Apparel and textiles, footwear : 21.2%
Rent housing, energy and water : 22.3%
Development and maintenance of housing : 12.9%
Health : 7.5%
Transport : 6.9%
Leisure, entertainment, education and cultural : 16.2%
Other goods and services : 17.5%

Situation in Figures local products (yoy) : :
Food, beverages and tobacco : 15.0%
Apparel and textiles, footwear : 9.3%
Rent housing, energy and water : 24.9%
Development and maintenance of housing : 19.6%
Health : 14.3%
Transport : 6.8%
Leisure, entertainment, education and cultural : 16.9%
Other goods and services : 2.9%

Situation in figures of imported products (YoY) :
Food, beverages and tobacco : 11.9%
Apparel and textiles, footwear : 21.1%
Rent housing, energy and water : 19.9%
Development and maintenance of housing : 21.2%
Health : 3.7%
Transport : 15.4%
Leisure, entertainment, education and cultural : 20.3%
Other goods and services : 15.3%

General Price Index by Region (Variation on a month) :
Metropolitan area (+ 1.0%)
Rest North (+ 0.8%) (includes the departments of South-East and West)
North (+ 0.9%), (including departments of the North, Northeast and Northwest)
South (+ 1.1%) (including South departments of Grand'Anse and Nippes)
Transversal (+ 1.0%), (including the departments of Centre and Artibonite)

See also :
https://www.haitilibre.com/en/news-21608-haiti-economy-inflation-at-the-threshold-of-16.html

HL/ HaitiLibre

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