Monthly Inflation Note, June 2022
Summary: The Bank of the Republic of Haiti's monthly note on inflation for June 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 reached 220.4 in June 2022, up from 215.6 in May and 170.8 in June 2021.
- Monthly inflation rose to 2.2 percent, 30 basis points above May, while annual inflation rose by 1.2 percentage points to 29 percent.
- Cumulative monthly inflation from October 2021 to June 2022 reached 20.3 percent, compared with 6.8 percent one year earlier.
- Food, alcoholic beverages, clothing and housing utilities contributed 73.77 percent of annual inflation and 76.84 percent of monthly inflation.
- Imported-product inflation rose to 41.7 percent, nearly double the local-product rate of 21.8 percent.
How to cite
Bank of the Republic of Haiti (BRH), Monthly Inflation Note, June 2022, https://www.brh.ht/wp-content/uploads/Note-inflation-juin-2022.pdf