Monthly Inflation Note, January 2022
Summary: The Bank of the Republic of Haiti's monthly note on inflation for January 2022. 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 200.8 in January 2022, compared with 199.5 in December 2021 and 162 in January 2021.
- Inflation slowed to 0.6 percent monthly and 24 percent annually.
- Cumulative monthly inflation over the first four months of FY2021-2022 was 10.9 percent, compared with 1.5 percent in the same period of the prior fiscal year.
- Monthly inflation slowed mainly because clothing, housing utilities and transport decelerated sharply.
- Food and non-alcoholic beverages contributed 64.59 percent of monthly inflation and 52.44 percent of annual inflation.
How to cite
Bank of the Republic of Haiti (BRH), Monthly Inflation Note, January 2022, https://www.brh.ht/wp-content/uploads/Note-inflation-janvier-2022.pdf