The annual inflation rate in Panama eased 1.8% in July 2026 from 2.0% in the previous month, the lowest in three months. Inflation Rate in Panama averaged 2.21 percent from 2008 until 2026, reaching an all time high of 10.00 percent in September of 2008 and a record low of -2.50 percent in May of 2020. source: Instituto Nacional de Estadística y Censo - Panamá

Inflation Rate in Panama decreased to 1.80 percent in July from 2 percent in June of 2026.

Inflation Rate in Panama decreased to 1.80 percent in July from 2 percent in June of 2026. Inflation Rate in Panama is expected to be 0.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Panama Inflation Rate is projected to trend around 2.30 percent in 2027 and 3.00 percent in 2028, according to our econometric models.



Related Last Previous Unit Reference
Consumer Price Index CPI 101.80 102.10 points Jul 2026
CPI Housing Utilities 101.10 101.80 points Jul 2026
CPI Transportation 107.00 108.50 points Jul 2026
Food Inflation 0.10 0.00 percent Jul 2026
Inflation Rate YoY 1.80 2.00 percent Jul 2026
Inflation Rate MoM -0.30 -0.30 percent Jul 2026


Panama Inflation Rate
In Panama, the most important categories in the Consumer Price Index are: Food & Non-alcoholic Beverages (22% of the total weight) and Transport (17%). Miscellaneous Goods and Services account for 10%; Recreation & Culture for 10%; and Housing & Utilities for 9%. Others include: Clothing & Footwear (8%), Restaurants & Hotels (7%), Communications (4%), Education (2%) and Alcoholic Beverages & Tobacco (1%).
Actual Previous Highest Lowest Dates Unit Frequency
1.80 2.00 10.00 -2.50 2008 - 2026 percent Monthly
2024=100