Monthly Inflation Note, February 2018
Summary: The Bank of the Republic of Haiti's monthly note on inflation for February 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 1 percent in February 2018, while annual inflation stayed at 13.2 percent.
- Food, beverages and tobacco contributed 50.68 percent of monthly inflation, with monthly inflation in that function unchanged at 1 percent.
- Local-product monthly inflation increased from 0.8 percent to 1.3 percent, while imported-product monthly inflation slowed to 0.9 percent.
- Private transfers increased by 14.1 percent to 188.3 million US dollars, and monetary financing of the public deficit rose by 6.95 percent to 8,711.87 million gourdes.
- BRH projected annual inflation at 13.2 percent for March and April 2018, then 12.7 percent in May 2018.
How to cite
Bank of the Republic of Haiti (BRH), Monthly Inflation Note, February 2018, https://www.brh.ht/wp-content/uploads/2018/08/note_inflat0218.pdf