Nicaragua: Inflation 6.43% in 2014


TODAY NICARAGUA – In December 2014, the consumer price index recorded a monthly decline of 0.07%, closing the year at 6.43% above the inflation of 5.67% registered in 2013.

From a report by the Central Bank of Nicaragua:

Monthly inflation in December closed -0.07% (1.05% in December 2013), mainly explained by lower prices in the divisions of transport; housing, water, electricity, gas and other fuels; and communications, contributing together -0.285% to the observed variation. In contrast, the division of recreation and culture recorded an increase of 2.33%.

The accumulated national inflation reached 6.43% (5.67% in December 2013), mainly induced by higher prices in the divisions of food and non-alcoholic drinks; restaurants and hotels; and education, which together accounted for 86.5% of the aggregate result.

Therefore, the 0.75% annual inflation was above the amount recorded in December 2013 (5.67%), while core inflation reached 5.57% (5.13% in December 2013).

Source: CentralAmericaData.COM