Annual Inflation up to January 2016 is 3.19%

Mercado de la calle
Mercado de la calle, Matagalpa

TODAY NICARAGUA – In January, the CPI registered a variation of 0.11% and annual inflation stood at 3.19%, 2.26% lower than the figure for January 2015.

The Central Bank reported that the monthly inflation in January reflected a monthly variation of -0.11% (-0.25% in December 2015), mainly explained by lower prices in some goods and services in the divisions of recreation and culture (-6.69%), transport (-1.36%) and education (-0.22%), which together contributed -0.373% to the observed variation.

- payin the bills -

In contrast the division of restaurants and hotels showed the opposite behavior with a variation of 0.59% (0,064pp).

Meanwhile, annual inflation stood at 3.19%, 2.26 percentage points lower than in January 2015, while core inflation was 5.69 percent (5.64% as of January 2015).

- paying the bills -
- paying the bills -

Related Articles

Remittances grow despite the coronavirus pandemic

“Everybody sends money to family members for their daily subsistence and...

When El Presidente Was El Perfecto

“El Presidente! El Perfecto!” Those were the exact words that Montreal...

MOST READ

Rosario Murillo: La Heredera (The Heiress)

Rosarion Murillo, the "eternally loyal" to her husband and political partner, Daniel Ortega. In a profile by Confidencial in October 2016, before her election as...

Better Air Connectivity Between Nicaragua and the US

The private companies' association is in talks with United Airlines to promote the opening of a route that connects Nicaragua with the east coast...

Nicaragua Unveils Central America’s Largest Baseball Stadium

Nicaragua has unveiled its long-awaited baseball stadium in Managua, replacing the former baseball field built in 1948. The new structure will hold up to...

Bianca Jagger Gets Into The Nicaragua Act Again

(American Thinker)  Remember Bianca Jagger? You know, the disco queen and former rock-star's wife turned leftwing "human rights activist" who was last seen mourning...

What Are Some of Nicaragua’s Popular Food?

TODAY NICARAGUA - Nicaragua is an interesting place, with a tumultuous history and a relatively peaceful present. and even if many things can be...

Nicaragua Praised by the IMF

The IMF noted the positive evolution of all the country's economic indicators, and the drastic fall in poverty, with an increase of 33% in...

Poll Shows Declining Expectations on a Nicaraguan Canal

According to the results of the most recent survey conducted by Cid Gallup, the Nicaraguan interoceanic canal project, a concession given to the Chinese...

Let's Keep This Going!

To be updated with all the latest news and information about Nicaragua and Latin America.

Log In

Forgot password?

Forgot password?

Enter your account data and we will send you a link to reset your password.

Your password reset link appears to be invalid or expired.

Log in

Privacy Policy

Add to Collection

No Collections

Here you'll find all collections you've created before.