Monthly Inflation Note, April 2015
Summary: The Bank of the Republic of Haiti's monthly note on inflation for April 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
- Annual inflation continued to decline in April 2015, reaching 6.3% after 6.4% in March.
- Monthly inflation increased to 0.5%, after 0.4% in March and 0.3% in February.
- Inflation accumulated over the first 7 months of the fiscal year was 3.3%, compared with 2.4% over the same period of the previous fiscal year.
- Food, beverages and tobacco contributed 65.13% of monthly inflation, with cabbage up 3.2% and potatoes up 3.1%.
- Imported-product inflation was 4.7% year on year and 0.3% month on month, while local-product inflation was 6.2% year on year and 0.5% month on month.
- BRH identified public spending, faster gourde depreciation, and weak local food supply as factors behind the monthly price increase.
How to cite
Bank of the Republic of Haiti (BRH), Monthly Inflation Note, April 2015, https://www.brh.ht/wp-content/uploads/2018/08/note_inflat0415.pdf