Monthly Inflation Note, November 2017
Summary: The Bank of the Republic of Haiti's monthly note on inflation for November 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
- Annual inflation slowed from 14.4 percent to 13.7 percent in November 2017, below the 14.2 percent rate recorded in November 2016.
- Monthly inflation stayed at 0.9 percent, its modal value over the prior four months.
- Health inflation fell from 3.8 percent to 1.6 percent, and rent, energy and water inflation fell from 1 percent to 0.6 percent.
- Local-product monthly inflation fell by 90 basis points to 0 percent, the lowest level since June 2013.
- The note attributes monthly price stability to improved agricultural supply, including more than 700 tonnes of rice seed distributed to 35,000 rice growers for 10,000 hectares.
How to cite
Bank of the Republic of Haiti (BRH), Monthly Inflation Note, November 2017, https://www.brh.ht/wp-content/uploads/2018/08/note_inflat1117.pdf