Monthly Inflation Note, June 2017
Summary: The Bank of the Republic of Haiti's monthly note on inflation for June 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 June 2017 BRH inflation note reports higher annual inflation but slower monthly inflation.
- CPI reached 309.3 in June 2017, with annual inflation of 15.8 percent and monthly inflation of 1.1 percent.
- Cumulative and average monthly inflation over the first nine months of FY2016-2017 exceeded the same period of FY2015-2016.
- The monthly slowdown reflected deceleration in transport and rent-energy-water, plus unchanged monthly growth for food, health and other goods and services.
- Imported-product monthly inflation slowed sharply, while imported and local annual inflation both increased.
- BRH attributes the monthly slowdown to better local food supply and appreciation of the gourde against the dollar in June 2017.
How to cite
Bank of the Republic of Haiti (BRH), Monthly Inflation Note, June 2017, https://www.brh.ht/wp-content/uploads/2018/08/note_inflat0617.pdf