Nicaragua’s Annual Inflation to January 5.45%

Managua_NicaraguaTODAY NICARAGUA – In January the consumer price index recorded a negative change of 0.25%, explained by the reduction in the category of Transportation, Recreation and Culture and Food & Beverage.

From a report by the Central Bank of Nicaragua:

Monthly inflation in January closed -0.25% (0.73% in December 2014), mainly explained by lower prices for some goods and services in the divisions of transport (-2.72%); recreation and culture (-3.99%); and food and non-alcoholic beverages (-0.11%) , which together contributed -0.394% to the observed variation. In contrast, the division of restaurants and hotels showed the opposite behavior with a variation of 0.71% (0.073%).

Meanwhile, annual inflation stood at 5.45%, 0.26% higher than in January 2014 (5.19%), while core inflation was 5.64% (5.05% in January 2014 ).