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Haiti - Economy : Inflation reaches 30% 02/09/2024 09:44:23
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" : +1.3% over one month and +42.3% over one year; "Clothing and footwear" : (+0.7% over one month and +22.2% over one year) "Housing, water, gas, electricity and other fuels" : +1.2% over one month and +18.7% over one year; "Communication" : (+0.2% over one month and +42.2% over one year); "Restaurant" +1.8% over one month and +30.5% over one year. Products with the highest annual inflation : Food : Rice (on average 55.9%), Corn (on average 48.7%), Millet (50.1%), Meat (on average 41.7%), Fresh fish (44.3%), Herring (on average 41.6%), Edible oil (44%), Lemon (90.7%) and Banana (44.2%). Clothing and footwear : Fabrics (23.1%), Dress (24.2%), Tights (24.5%) and Suit, Universal Jacket (23.6%) Housing, water, gas, electricity and other fuels : Housing rent (18.9%), Charcoal (27.5%) and Propane Gas (24.2%) Restaurants : Eating out (30.5%) Year-on-year price growth : local products 29.7%; imported 30.4% Consumer Price Index for the whole country by consumption function : General index : 1.1% over one month in July 2024 and 30.0% over one year Food products and non-alcoholic beverages : +1.1% over one month and +42.3% over one year; Alcoholic beverages and tobacco : +0.3% over one month and +15.6% over one year; Clothing and footwear : +0.7% over one month and +22.2% over one year; Housing, water, gas, electricity and other fuels : +1.2% over one month and +18.7% over one year; Furniture, household items and routine household maintenance : +0.7% over one month and +20.1% over one year; Health : +0.8% over one month and +12.6% over one year; Transport : +0.1% over one month and +3.3% over one year; Communication : +0.2% over one month and +42.2% over one year; Leisure : +09% over one month and +15.3% over one year; Education : +0.2% over one month and +5.9% over one year; Restaurants : +1.8% over one month and +30.5% over one year; Miscellaneous goods and services : +0.9% over one month and +19.5% over one year; Annual change in the CPI (inflation) : Global CPI : 2023 : July 39.8%; August 37.3%; September 31.8%; October 22.8% b January 20.9%; February 23%; March 26.7%; April 27.3%; May 28.3%; June 28.9%; July 30% CPI for Local Products : 2023 July 38.6%; August 36.6%; September 31.3%; October 22.7% b January 22.6%; February 23.2%; March 26.8%; April 27.6%; May 28.9%; June 29.2%; July 29.7% CPI for Imported Products : 2023 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%; July 30.4% CPI by geographic region : At the regional level, the most significant price increases, year-on-year, are mainly observed in the Reste Ouest (31.9%), Sud (30.4%) and Area Métropolitaine (30.6%) regions. The regions least affected by inflation in July are the Transversale region and the Nord region Aree Métropolitaine : +30.6% over one year (Port-au-Prince, Delmas, Pétion-ville, Carrefour and Croix des Bouquet); Remaining West : +31.9% over one year (Departments of the South-East and West without the metropolitan area); North : +28.1% over one year (Departments of the North, Nord-Est and Nord-Ouest); South : +30.4% over one year (Department of the South, Grande-Anse and Nippes); Transversal : +28.5% over one year (Department of the Center and Artibonite). Previous report : https://www.haitilibre.com/en/news-43069-haiti-economy-annual-inflation-approaches-30.html HL/ HaitiLibre
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