Monthly Inflation Note, September 2022
Summary: The Bank of the Republic of Haiti's monthly note on inflation for September 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 250.2 in September 2022, up from 234.9 in August and 180.1 one year earlier.
- Monthly inflation doubled from 3.2 percent to 6.5 percent, while annual inflation accelerated by 6.7 percentage points to 38.7 percent.
- Cumulative monthly inflation from October 2021 to September 2022 reached 33.3 percent, almost three times the 12.4 percent level one year earlier.
- All consumption functions rose month on month, led by an 8.2 percent increase in food and non-alcoholic beverages.
- Imported-product inflation reached 52 percent and local-product inflation rose to 30.9 percent.
How to cite
Bank of the Republic of Haiti (BRH), Monthly Inflation Note, September 2022, https://www.brh.ht/wp-content/uploads/Note-mensuelle-dinflation-septembre-2022_f.pdf