Monthly Inflation Note, September 2017
Summary: The Bank of the Republic of Haiti's monthly note on inflation for September 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 September 2017 BRH inflation note reports annual disinflation but renewed monthly acceleration.
- Annual inflation slowed to 15.4 percent, while monthly inflation rose to 1.1 percent after August's 0.9 percent.
- FY2016-2017 inflation pressure remained higher than in FY2015-2016 on both average annual and cumulative monthly measures.
- The monthly acceleration was driven by school-season price increases in recreation, education and culture.
- Food remained the largest annual contributor, but recreation-education-culture nearly matched food's monthly contribution in September.
- Local-product monthly inflation rose while imported-product monthly inflation fell to its lowest level in two years.
How to cite
Bank of the Republic of Haiti (BRH), Monthly Inflation Note, September 2017, https://www.brh.ht/wp-content/uploads/2018/08/note_inflat0917.pdf