Monthly Inflation Note, September 2018
Summary: The Bank of the Republic of Haiti's monthly note on inflation for September 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
- Annual inflation rose from 14.1 percent in August to 14.6 percent in September 2018, the highest level since September 2017.
- Monthly inflation increased by 10 basis points to 1.5 percent.
- Seasonal school spending drove the leisure, education and culture index from 1.2 percent in August to 6.7 percent in September.
- Imported-product annual inflation rose from 11.4 percent to 12.3 percent, while local-product inflation reached 1.6 percent monthly and 15.0 percent annually.
- BRH linked monthly inflation to monetary financing, gourde depreciation and school-related demand.
How to cite
Bank of the Republic of Haiti (BRH), Monthly Inflation Note, September 2018, https://www.brh.ht/wp-content/uploads/note_inflat0918.pdf