Panama Inflation Rate  2008-2017 | Data | Chart | Calendar | Forecast

Consumer prices in Panama increased 0.8 percent year-on-year in May of 2017, following a 1.0 percent rise in the previous month. It is the lowest inflation rate since August last year, as prices slowed for transport (1.7 vs 2.8 percent in April), clothing and footwear (0.3 percent vs 0.5 percent), restaurants and hotels (1.1 percent vs 1.2 percent). Meanwhile, costs declined for food and non-alcoholic beverages at a 0.1 percent pace for the second straight month. Prices for communications fell at a slightly softer pace of 2.7 (vs -2.8 percent). Contrastingly, consumer prices rose faster for recreation and culture (0.8 percent vs 0.6 percent), while costs for housing and utilities remained expanding at a 1.6 percent rate. On a monthly basis, consumer prices were flat for the second straight month. Inflation Rate in Panama averaged 3.71 percent from 2008 until 2017, reaching an all time high of 10.04 percent in September of 2008 and a record low of -0.40 percent in February of 2015.

Panama Inflation Rate
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Calendar GMT Actual Previous Consensus Forecast (i)
2017-04-12 10:00 PM Mar 1.5% 1.9% 1.95%
2017-05-16 05:30 PM Apr 1.0% 1.5% 1.4%
2017-06-12 09:00 PM May 0.8% 1.0% 0.88%
2017-07-12 06:00 PM Jun 0.8% 0.78%
2017-08-11 06:50 PM Jul 0.69%
2017-09-12 11:00 PM Aug 0.64%




Panama Prices Last Previous Highest Lowest Unit
Inflation Rate 0.80 1.00 10.04 -0.40 percent [+]
Inflation Rate Mom 0.00 0.00 0.90 -0.90 percent [+]
Food Inflation -0.10 -0.10 15.60 -0.20 percent [+]
Consumer Price Index Cpi 104.50 104.50 104.60 101.42 Index Points [+]
Cpi Transportation 103.20 103.00 108.00 96.00 Index Points [+]


Panama Inflation Rate Notes

In Panama, the most important categories in the consumer price index are Food and Non-Alcoholic Beverages (22.4 percent of total weight) and Transport (16.8 percent). Miscellaneous Goods and Services account for 9.8 percent; Recreation and Culture for 9.7 percent; Housing and Utilities for 8.5 percent and Furniture, Household Goods and Maintenance for 7.8 percent. Clothing and Footwear; Restaurants and Hotels; Communication; Health; Education and Alcoholic beverages and Tobacco account for the remaining 25 percent of total weight. This page provides - Panama Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Panama Inflation Rate - actual data, historical chart and calendar of releases - was last updated on June of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
0.80 1.00 10.04 -0.40 2008 - 2017 percent Monthly
2013=100



inflation rate by Country

Last
Australia 2.10 Mar/17
Brazil 3.60 May/17
Canada 1.30 May/17
China 1.50 May/17
Euro Area 1.40 May/17
France 0.80 May/17
Germany 1.50 May/17
India 2.18 May/17
Indonesia 4.33 May/17
Italy 1.40 May/17
Japan 0.40 Apr/17
Mexico 6.16 May/17
Netherlands 1.10 May/17
Russia 4.10 May/17
South Korea 2.00 May/17
Spain 1.90 May/17
Switzerland 0.50 May/17
Turkey 11.72 May/17
United Kingdom 2.90 May/17
United States 1.90 May/17