Monthly Inflation Note, July 2019
Summary: The Bank of the Republic of Haiti's monthly note on inflation for July 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
- The CPI was 123.5 in July 2019, compared with 121.6 one month earlier and 103.7 in July 2018.
- Annual inflation rose from 18.6 percent in June to 19.1 percent in July, while monthly inflation slowed from 1.8 percent to 1.6 percent.
- The monthly slowdown reflected deceleration in restaurants, health, miscellaneous goods and services, and food and non-alcoholic beverages.
- The contribution of those decelerating posts to overall inflation fell from 59.15 percent in June to 53.89 percent in July.
- Imported-product inflation rose from 20 percent to 20.2 percent, while local-product inflation rose to 18.5 percent.
How to cite
Bank of the Republic of Haiti (BRH), Monthly Inflation Note, July 2019, https://www.brh.ht/wp-content/uploads/note_inflat0719.pdf