The annual inflation rate in Panama decreased to 0.8 percent in September of 2018 from 1.1 percent in the previous month. It was the lowest inflation rate since May, as prices rose less mainly for: transport (1.9 percent vs 4.0 percent in August); recreation & culture (0.1 percent vs 0.2 percent) and housing & utilities (0.7 percent vs 0.8 percent). Meantime, inflation was steady for miscellaneous goods & services (1.0 percent). In addition, cost continued to fall for food & non-alcoholic beverages (-0.2 percent vs -0.3 percent), namely fruits (-3.1 percent) and meat (-1.2 percent); and clothing & footwear (-1.4 percent vs -0.5 percent). On a monthly basis, consumer prices were flat, following a 0.1 percent increase in the prior month. Inflation Rate in Panama averaged 3.33 percent from 2008 until 2018, 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 TEForecast
2018-08-17 10:30 PM Inflation Rate YoY 1.3% 1.2% 1.4%
2018-09-13 06:30 PM Inflation Rate YoY 1.1% 1.3% 1.4%
2018-10-16 02:00 PM Inflation Rate YoY 0.8% 1.1% 1.4%
2018-11-15 11:00 PM Inflation Rate YoY 0.8% 1.2%
2018-12-13 06:00 PM Inflation Rate YoY 1.4%


Panama Prices Last Previous Highest Lowest Unit
Inflation Rate 0.80 1.10 10.04 -0.40 percent [+]
Inflation Rate Mom 0.00 0.10 0.90 -0.90 percent [+]
Food Inflation -0.20 -0.30 15.60 -1.70 percent [+]
Consumer Price Index Cpi 105.49 105.53 105.53 101.42 Index Points [+]
Cpi Housing Utilities 102.30 102.30 107.31 98.20 Index Points [+]
CPI Transportation 107.40 107.50 108.30 96.00 Index Points [+]


Panama Inflation Rate

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 November of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
0.80 1.10 10.04 -0.40 2008 - 2018 percent Monthly
2013=100




Country Last
Argentina 40.30 Sep/18
Australia 1.90 Sep/18
Brazil 4.56 Oct/18
Canada 2.20 Sep/18
China 2.50 Oct/18
Euro Area 2.20 Oct/18
France 2.20 Oct/18
Germany 2.50 Oct/18
India 3.31 Oct/18
Indonesia 3.16 Oct/18
Italy 1.60 Oct/18
Japan 1.20 Sep/18
Mexico 4.90 Oct/18
Netherlands 2.10 Oct/18
Russia 3.50 Oct/18
Saudi Arabia 2.10 Sep/18
Singapore 0.70 Sep/18
South Africa 4.90 Sep/18
South Korea 2.00 Oct/18
Spain 2.30 Oct/18
Switzerland 1.10 Oct/18
Turkey 25.24 Oct/18
United Kingdom 2.40 Oct/18
United States 2.50 Oct/18


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