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Haiti - Economy : Annual inflation approaches 30% 26/08/2024 10:21:50
The annual increase in the index is the result of the increase in the price of products such as: "Food products and non-alcoholic beverages" : +0.9% over one month and 40.5% over one year; "Housing, water, gas, electricity and other fuels" : +0.7% over one month and 22.7% over one year; "Communication" : (+33.7% over one month and 40.5% over one year); "Restaurant" : +0.9% over one month and 28.1% over one year. Products with the highest annual inflation: Food : Rice (on average 51.9%), Corn (on average 44.1%), Millet (47.9%), Meat (on average 39.4%), Fresh fish (53.9%), Herring (on average 53.7%), Edible oil (51.0%), Lemon (85.9%) and Banana (39.0%). Clothing and footwear : Clothing manufacturing (29.9%), Dress (28.2%), Shirt (26.2%) and Socks (26.4%). Housing, water, gas, electricity and other fuels : Housing rent (27.2%), Charcoal (28.1%) and Propane Gas (22.3%) Communication: Telephone call (55.3%) Restaurant : Eating out (28.1%) Year-on-year price growth: local products 29.2%; imported 28.5% Consumer Price Index for the whole country by consumption function : General index: 1.0% over one month in June 2024 and 28.9% over one year Food products and non-alcoholic beverages : +0.9% over one month and +40.5% over one year; Alcoholic beverages and tobacco : +0.2% over one month and +15.3% over one year; Clothing and footwear : +0.6% over one month and +22.4% over one year; Housing, water, gas, electricity and other fuels : +0.7% over one month and +22.7% over one year; Furniture, household items and routine household maintenance : +0.6% over one month and +20.9% over one year; Health : +0.2% over one month and +8.8% over one year; Transport : +0.1% over one month and +0.7% over one year; Communication : +33.7% over one month and +40.5% over one year; Leisure : +0.7% over one month and +13.7% over one year; Education : +0.0% over one month and +5.7% over one year; Restaurants : +0.9% over one month and +28.1% over one year; Miscellaneous goods and services : +0.5% over one month and +14.5% over one year; Annual change in the CPI (inflation) : Overall CPI : 2023 June 43.9%; July 39.8%; August 37.3%; September 31.8%; October 22.8% 2024 January 20.9%; February 23%; March 26.7%; April 27.3%; May 28.3%; June 28.9% CPI for Local Products : 2023 June 41.1%; July 38.6%; August 36.6%; September 31.3%; October 22.7% 2024 January 22.6%; February 23.2%; March 26.8%; April 27.6%; May 28.9%; June 29.2% CPI for Imported Products : 2023 June 48.2%; July 41.5%; August 38.2%; September 32.6%; October 23.1 2024 January. 21.4%; February 22.9%; March 26.5%; April 26.7%; May 27.3%; June 28.5% CPI by geographic region : At the regional level, the most significant price increases, year-on-year, are mainly observed in the Reste Ouest (30.7%), Sud (29.8%) and Area Métropolitaine (29.2%) regions. Prices in the other regions (North and Transversale) increased by around 27.0%. Metropolitan area : +1.1% over one month, +29.2% over one year (Port-au-Prince, Delmas, Pétion-ville, Carrefour and Croix des Bouquet); Remaining West : +1.2% over one month +30.7% over one year (Departments of the South-East and West without the metropolitan area); North : +0.7% over one month +27.3% over one year (Department of the North, North East and North West); South: +0.9% over one month +29.8% over one year (Department of the South, Grande-Anse and Nippes); Transversal : +0.8% over one month +27.6% over one year (Department of the Center and Artibonite). Previous report : https://www.haitilibre.com/en/news-42685-haiti-inflation-283-4th-consecutive-month-of-increase.html HL/ HaitiLibre
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