Nicaragua: Inflation Hit 4.73% in July

©image: McKay Savage

According to information from the Nicaraguan Central Bank, in July alone the rate of inflation increased 0.87%.

The economist Alejandro Aráuz commented that, "although the first seven months of 2010 have seen a rapid rise in inflation, the coming months tend to be quieter with inflation in October in particular being almost zero," reports La Prensa.

Aráuz added that inflation in Nicaragua is similar to that in the rest of the Central American region.

Source: laprensa.com.ni

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Inflation Reaches 4.64% in Nicaragua

September 2011

Cumulative inflation during the first eight months of the year reached 4.64%, up from 4.2% compared to the same period last year.

A report by the Central Bank of Nicaragua reads:

The national CPI showed a monthly variation of 0.63 percent in August (-0.50% in the same period in 2010), derived from increases of 0.73 percent in Managua and 0.46 percent in the rest of the country.

Nicaragua’s Inter-annual Inflation 8.81%

March 2012

The inter-annual inflation rate is 1.59% higher than February 2011.

The Central Bank of Nicaragua announced that the accumulated inflation rate in the first two months of the year amounted to 1.36% and inter-annual inflation stood at 8.81%, 1.59 percentage points higher than in February 2011.

Inflation in Nicaragua at 22.79%

October 2008

Interannual inflation was at 22.79% in September due to the rise in the price of fuel and basic grains in the international market, official sources reported.

The Central Bank of Nicaragua (BCN) pointed out in its monthly report that inflation for September closed at 0.21 percent, while the accumulated inflation for the first nine months of the years totaled 13.97% and the interannual inflation was 22.79%.

Inflation Grows in Nicaragua

March 2010

The consumer prices index (IPC) rose 1.46% in February 2010, almost three times more than in the same month of 2009, when it climbed 0.58%.

So far 2010, prices have increased 2.44%, according to data from the Central Bank of Nicaragua.

“Nicaragua’s inflation in the first two months of 2010 is the highest of Central America, followed by Costa Rica with 2.32%, Guatemala (1.73%) and Honduras (1.3%).