Monthly Inflation Note, January 2017
Summary: The Bank of the Republic of Haiti's monthly note on inflation for January 2017. 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 January 2017 BRH inflation note reports a reflux of inflation pressure in both annual and monthly terms.
- Annual CPI inflation fell to 14.1 percent from 14.3 percent, while monthly inflation slowed to 0.9 percent.
- Cumulative monthly inflation in the first four months of FY2017 remained above the same period of the previous fiscal year.
- Most consumption functions slowed month to month, but clothing, housing maintenance and recreation-education-culture accelerated.
- Imported-product monthly inflation rose while local-product inflation slowed sharply.
- BRH attributes the monthly slowdown to lower aggregate demand after declines in private transfers and current public spending.
How to cite
Bank of the Republic of Haiti (BRH), Monthly Inflation Note, January 2017, https://www.brh.ht/wp-content/uploads/2018/08/note_inflat0117.pdf