Nicaragua Annual Inflation up to February 5.51%

TODAY NICARAGUA – Education, housing, water and electricity were the sectors that accounted for the 0.72% increase in the consumer price index in February 2015.

From a report issued by the Central Bank of Nicaragua:

February’s Monthly inflation closed at 0.72% (0.66% in December 2014), mainly due to the price increase in the divisions of education (5.80%); housing, water, electricity, gas and other fuels (1.64%); and transportation (1.80%), which together contributed 0.580% to the observed variation. In contrast, the division of food and non-alcoholic beverages showed the opposite behavior with -0.58% (-0.216%).

Meanwhile, annual inflation stood at 5.51%, 0.26% higher than in February 2014 (5.25%), while core inflation was 6.15% (4.96% in February 2014 ).