Monthly Inflation Note, January 2018
Summary: The Bank of the Republic of Haiti's monthly note on inflation for January 2018. 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
- Monthly inflation rose by 10 basis points to 0.9 percent in January 2018, while annual inflation slowed from 13.3 percent to 13.2 percent.
- BRH described the 13.2 percent annual rate as the lowest since October 2016.
- Rent, energy and water inflation rose to 1 percent, and housing maintenance rose to 1.2 percent, together contributing 20.5 percent of monthly inflation.
- Local-product monthly inflation slowed from 1.1 percent to 0.8 percent, while imported-product monthly inflation rose to 1 percent.
- December 2017 fiscal operations showed 7,704.34 million gourdes in effective revenue and 12,446 million gourdes in effective expenditure, producing a 4,742 million gourde deficit.
How to cite
Bank of the Republic of Haiti (BRH), Monthly Inflation Note, January 2018, https://www.brh.ht/wp-content/uploads/2018/08/note_inflat0118.pdf