- Paying the bills -

Nicaragua: 7.6% Annual Inflation up to November

TODAY NICARAGUA – 960In November, the consumer price index recorded a rise of 1.39%, placing accumulated inflation since January at 6.50%.

From the inflation report by the Central Bank of Nicaragua:

November’s monthly inflation rate stood at 1.39% (0.45% in December 2013), mainly determined by the behavior of prices in the divisions of food and non-alcoholic drinks; restaurants and hotels; and recreation and culture, which together contributed 1.50% to the observed variation. In contrast, the transport division saw a fall of 1.87%.

- payin the bills -

The accumulated national inflation reached 6.50% (4.58% in November 2013), caused mainly by rising prices in the divisions of food and non-alcoholic drinks; restaurants and hotels; and education, which together accounted for 84.3% of the aggregate result.

Moreover, annual inflation stood at 7.62%, 1.32% higher than in November 2013 (6.29%), while core inflation was 5.42% (5.28% in November 2013).

Source: CentralAmericaData.COM

Related Articles

Nicaragua breaks with the Vatican

Q24N - Nicaraguan President Daniel Ortega chose to sever diplomatic ties...

assured that the exile of 222 political prisoners was not part of a deal with the US

TODAY NICARAGUA - Nicaraguan dictator, Daniel Ortega, asserted Thursday that he...

MOST READ

- paying the bills -

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.