Monthly Inflation Note, August 2016
Summary: The Bank of the Republic of Haiti's monthly note on inflation for August 2016. 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 2016 BRH inflation note reports annual disinflation but monthly pressure near the historical average.
- Annual inflation fell to 12.4 percent, while monthly inflation eased to 1.0 percent.
- Lower food-price pressure reduced the food contribution, but school-season items pushed non-food prices higher.
- Local-product inflation slowed in monthly and annual terms, while imported-product inflation rose.
- Core annual inflation declined, but core monthly inflation exceeded headline monthly inflation.
- BRH links the mild slowdown to better local food availability, partly offset by school-season increases in books and school bags.
How to cite
Bank of the Republic of Haiti (BRH), Monthly Inflation Note, August 2016, https://www.brh.ht/wp-content/uploads/2018/08/note_inflat0816.pdf