Monthly Inflation Note, April 2019
Summary: The Bank of the Republic of Haiti's monthly note on inflation for April 2019. 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
- Inflation resumed its upward movement in April 2019, with annual inflation rising from 16.7 percent in March to 17.7 percent.
- Monthly inflation also rose by one percentage point to 1.7 percent.
- Food and non-alcoholic beverages contributed 74.16 percent of monthly inflation, 13.1 percentage points more than the previous month.
- Imported-product annual inflation rose from 18.7 percent to 19.1 percent, while local-product annual inflation rose by one percentage point to 16.8 percent.
- BRH linked the April increase to renewed gourde depreciation and higher imported-product prices.
How to cite
Bank of the Republic of Haiti (BRH), Monthly Inflation Note, April 2019, https://www.brh.ht/wp-content/uploads/note_inflat0419.pdf