Monthly Inflation Note, April 2018
Summary: The Bank of the Republic of Haiti's monthly note on inflation for April 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
- The CPI reached 340.7 in April 2018, up 1.2 percent from March, the highest monthly inflation rate since the start of the fiscal year.
- Annual inflation was 13 percent in April 2018.
- Food, beverages and tobacco contributed 54.2 percent of monthly inflation, down from 60 percent in March.
- Imported-product monthly inflation fell by 20 basis points to 0.9 percent, while local-product monthly inflation rose by 30 basis points to 1.2 percent.
- BRH linked monthly price growth to stronger public expenditure, monetary financing of 10,497.46 million gourdes and a 0.9 percent depreciation of the gourde.
How to cite
Bank of the Republic of Haiti (BRH), Monthly Inflation Note, April 2018, https://www.brh.ht/wp-content/uploads/2018/08/note_inflat0418.pdf