Monthly Inflation Note, January 2025
Summary: The Bank of the Republic of Haiti's monthly note on inflation for January 2025. 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
- Monthly inflation slowed by 1.5 percentage points to 2.1 percent in January 2025, while annual inflation rose to 29.7 percent.
- Cumulative monthly inflation from October 2024 to January 2025 reached 11.5 percent, compared with 9.9 percent one year earlier.
- All consumption divisions slowed month on month, including restaurants, education, alcoholic beverages and miscellaneous goods and services.
- Food and housing together contributed 73.24 percent of monthly inflation.
- BRH linked the monthly deceleration mainly to post-holiday seasonal effects and relative exchange-rate stability.
How to cite
Bank of the Republic of Haiti (BRH), Monthly Inflation Note, January 2025, https://www.brh.ht/wp-content/uploads/NOTE-MENSUELLE-DINFLATION-DU-MOIS-DE-JANVIER-2025.pdf