Monthly Inflation Note, December 2015
Summary: The Bank of the Republic of Haiti's monthly note on inflation for December 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 December 2015 BRH inflation note reports that annual inflation remained in double digits after crossing that threshold in September 2015.
- CPI reached 252.8 in December 2015, with annual inflation of 12.5 percent and monthly inflation of 1.1 percent.
- Cumulative monthly inflation from October to December 2015 exceeded the same period of FY2014-2015.
- Food, beverages and tobacco remained the largest contributor to monthly and annual inflation because of its basket weight.
- Local-product inflation accelerated both monthly and annually, while imported-product annual inflation also rose.
- Core inflation rose in monthly and annual terms, but headline inflation stayed slightly above core inflation, pointing to the role of volatile-price products.
How to cite
Bank of the Republic of Haiti (BRH), Monthly Inflation Note, December 2015, https://www.brh.ht/wp-content/uploads/2018/08/note_inflat1215.pdf