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Haiti - Economy : Monthly inflation +1% (March 2018)
30/04/2018 07:41:26

Haiti - Economy : Monthly inflation +1% (March 2018)
For the month of March 2018, the General Consumer Price Index (base 100 in August 2004) stood at 336.8 against 333.5 in February, showing an increase in inflation of +1% on a monthly basis, identical in the previous month https://www.haitilibre.com/en/news-23926-haiti-economy-+-1-monthly-inflation-february-2018.html . However, year-on-year (last 12 months) inflation remained stable at 13.2%.

This monthly increase of + 1% is mainly the result of the behavior of consumption indices: "Food, Beverages and Tobacco" (+ 1.1%), "Clothing, Textiles and Footwear" (+ 1.3%), "Health" (+1.8 %%) and "Other goods and services" (+ 1.0%).

The upward change in the "Food, Beverages and Tobacco" index, which accounts for more than 50% of the household budget, stems, among other things, from an increase in meat prices on average (+ 1.8%) and fresh fish (+ 2.5%). ), herring on average (+ 2.1%), cod (+ 2.0%), coconut (+3.0), banana (+ 1.4%), giraume (+ 2.1%), pumpkin (+ 1.6%), eggplant (+ 1.3%), cabbages (+ 1.3%), onions (+ 1.3%), malanga (+ 1.5%), carrots (+ 1.4%) ), tomato (+ 1.2%), yam (+ 1.2%), lemon (+ 1.3%), chadec (+ 1.2%) and cocoa powder (+ 1.4%).

The rise in the "Apparel and Fabrics, Footwear" index comes from the variation in product prices such as: fabrics (+ 1.1%), shirt (+ 1.9%), men's trousers (+ 1.3%), shirt (+1.3 %), dress (+ 2.1%), garment making (+ 1.8%) and sandals (+ 1.0%).

The increase in the "Health" index is attributable to the increase in drug prices (+ 2.5%), corrective eyewear (+ 1.6%), fees paid to doctors (+ 1.9%) and medical expenses. hospitalization (+ 1.2%).

Finally, the increase in the "Other Goods and Services" index comes mainly from prices: toilet soap (+ 1.1%), toothpaste (+ 2.1%), shampoo (+ 1.2%) and chocolate. toilet powder (+ 1.3%).

Situation in figures by function for the whole country (yoy) :
Food, beverages and tobacco : 13.0%
Apparel and textiles, footwear : 16.9%
Rent housing, energy and water : 15.5%
Development and maintenance of housing : 10.4%
Health : 18.4%
Transport : 6.8%
Leisure, entertainment, education and cultural : 11.8%
Other goods and services : 7.1%

Situation in Figures local products (yoy) :
Food, beverages and tobacco : 14.7%
Apparel and textiles, footwear : 19.1%
Rent housing, energy and water : 14.7%
Development and maintenance of housing : 10.2%
Health : 18.6%
Transport : 4.6%
Leisure, entertainment, education and cultural : 12.4%
Other goods and services : 4.0%

Situation in figures of imported products (YoY) :
Food, beverages and tobacco : 8.2%
Apparel and textiles, footwear : 16.1%
Rent housing, energy and water : 18.0%
Development and maintenance of housing : 9.7%
Health : 8.8%
Transport : 11.8%
Leisure, entertainment, education and cultural : 10.4%
Other goods and services : 8.0%

General Price Index by Region (Variation on a month) :
Metropolitan area (+ 1.2%)
Rest North (+ 1.0%) (includes the departments of South-East and West)
North (+ 0.9%), (including departments of the North, Northeast and Northwest)
South (+ 1.0%) (including South departments of Grand'Anse and Nippes)
Transversal (+ 0.9%), (including the departments of Centre and Artibonite)

See also :
https://www.haitilibre.com/en/news-23926-haiti-economy-+-1-monthly-inflation-february-2018.html

HL/ HaitiLibre

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