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Haiti - FLASH : Annual inflation explodes to 38.7% (Sept. 2022) 02/12/2022 07:13:24
The monthly increase (compared to August) observed in September 2022 is mainly the result of the behavior of the following consumption indices: "Food products and non-alcoholic beverages": +8.2% over one month and 44.3% over one year; "Clothing and footwear": +5.3% over one month and 40.9% over one year; "Health" +5.1% over one month and 31.2% over one year); "Restaurant": +5.4% over one month and 30.4% over one year. Products with higher annual inflation: Power: Imported rice (68.7%), decabri meat (47.0%), chicken (64.5%), powdered milk (60.4%), dry peas (43.3%) and cabbage (26.6%); Clothing and footwear: Clothing manufacturing (32.6%), dress (53.7%), panties (40.5%), suit, universal jacket (47.3%) and shoes and tennis (50.3%); Health: Glasses with corrective lenses (40.0%) and laboratory analysis, radiography (33.6%); Restaurants: Meals eaten outside, i.e. outside the home (31.1%). A higher price increase was observed at the level of imported products, i.e. 52.0% year-on-year and 30.9% year-on-year for local products. Consumer Price Index for the whole country by consumption function: General index: 38.7% over one year and +6.5% over the month of August 2022 Food and non-alcoholic beverages: month +8.2%, year 44.3% Alcoholic beverages and tobacco: month +4.2%, year 25.3% Clothing and footwear: month +5.3%, year 40.9% Housing, water, gas, electricity and other fuels: month +4.6%, year 32.3% Furniture, household items and routine household maintenance: month +5.7%, year 36.6% Health: month +5.2%, year 31.2% Transport: month +2.8%, year 39.5% Communication: month +3.9%, year 14.8% Leisure: month +4.2%, year 22.1% Teaching: month +4.2, year 7.1% Restaurants: month +5.4%, year 31/1% Miscellaneous goods and services: month +4.9%, year 33.4% Annual change in the CPI (inflation): Headline CPI: 2021 September 13.1%; October 19.7%; November 24.6%; December 24.7% 2022 January 24.0%; February 25.2%; March 25.9%; April 26.7%; May 27.7%; June 29.0%; July 30.5%; August 32.0%; September 38.7% CPI for Local Products: 2021 September 10.9%; October 16.2%; November 20.4%; December 19.7% 2022 January 19.1%; February 20.2%; March 20.2%; April 20.5%; May 21.0%; June 21.8%; July 23.2%; August 24.6%; September 30.9% CPI of Imported Products: 2021 September 17.1%; October 26.1; November 32.3%; December 33.7% 2022 January 33.0%; February 34.2%; March 36.2%; April 38.0%; May: 40.0%; Jun 41.7; July 43.2%; August 44.8%; September 52% CPI by geographic region: The most significant variations in September 2022 year-on-year concern the: South (41.1%) and Metropolitan Area (39.5%). Metropolitan area: year +39.5% (+6.7% over one month) (Port-au-Prince, Delmas, Pétion-ville, Carrefour and Croix des Bouquet); Rest West: year +38.3% (+6.5% over one month) (South-East and West Departments without the metropolitan area); North: year +37.5% (+6.5% over one month) (North, North East and North West Department); South: year +41.1% (+6.7% over one month) (Department of the South, Grande-Anse and Nippes); Transversal: year +36.9% (+6.3% over one month) (Department of Center and Artibonite). See also : https://www.haitilibre.com/en/news-37586-haiti-flash-inflation-breaks-records-and-crosses-the-30-mark.html HL/ HaitiLibre
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