Monthly Inflation Note, August 2015
Summary: The Bank of the Republic of Haiti's monthly note on inflation for August 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 August 2015 BRH inflation note reports monthly disinflation but a sharp increase in annual inflation.
- Monthly inflation fell to 1.5 percent in August 2015 from 2.0 percent in July, while annual inflation rose to 10.4 percent.
- The note says this was Haiti's first double-digit annual inflation since November 2011.
- Inflation during the first two months of the fourth fiscal quarter was much higher than the same quarter of FY2014.
- Food, beverages and tobacco accounted for the dominant share of monthly and annual inflation contributions.
- Imported and local monthly inflation both slowed, but annual inflation rose for both product origins, with local products increasing more strongly.
How to cite
Bank of the Republic of Haiti (BRH), Monthly Inflation Note, August 2015, https://www.brh.ht/wp-content/uploads/2018/08/note_inflat0815.pdf