Monthly Inflation Note, May 2025
Summary: The Bank of the Republic of Haiti's monthly note on inflation for May 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 percentage point to 2 percent in May 2025, while annual inflation rose to 27.2 percent.
- Cumulative inflation from October 2024 to May 2025 reached 22.1 percent, slightly below 22.7 percent one year earlier.
- Monthly deceleration reflected slower growth in most basket components, especially housing, restaurants and food.
- Food and housing together contributed 77.8 percent of monthly inflation and 77.4 percent of annual inflation.
- BRH linked the moderation to favorable public finances, relative exchange-rate stability, lower international oil prices and weaker imports.
How to cite
Bank of the Republic of Haiti (BRH), Monthly Inflation Note, May 2025, https://www.brh.ht/wp-content/uploads/NOTE-MENSUELLE-DINFLATION-DU-MOIS-DE-MAI-2025.pdf