Monthly Inflation Note, March 2015
Summary: The Bank of the Republic of Haiti's monthly note on inflation for March 2015. It reads the consumer price index published by IHSI and adds the central bank's own analysis: headline inflation month on month and year on year, movement in the main consumption functions, inflation broken down by whether goods are imported or locally produced and by region of the country, core inflation, the factors the bank holds responsible for the month's movement, and its inflation forecast.
Key Findings
- The March 2015 BRH inflation note reports annual disinflation but slightly higher monthly inflation.
- Annual CPI inflation slowed to 6.4 percent from 6.6 percent in February 2015, while monthly inflation rose to 0.4 percent.
- Average annual inflation in the second quarter of FY2015 was higher than in the same quarter of FY2014.
- Food and clothing were the main monthly drivers, with food also dominating the annual contribution.
- Local-product monthly inflation exceeded imported-product monthly inflation.
- BRH links monthly price growth to lower food availability, higher unrequited transfers and exchange-market pressure.
How to cite
Bank of the Republic of Haiti (BRH), Monthly Inflation Note, March 2015, https://www.brh.ht/wp-content/uploads/2018/08/note_inflat0315.pdf