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Latin America Investment News on Viva Tropical

Nicaragua Has Highest Inflation Rate, Panama Right Behind

Article Summary:

Salvadorians and Guatemalans are least affected by increases in prices. Whereas Panama and Nicaragua are the hardest hit and have seen sharp increases in the cost of products like food, hotels, and services, including transport and electricity.

Photo Credit: The Telegraph

Original Article Text From Central America Link via Google Translate :

El Salvador has Increased Prices

Fuel and food are the products that affect the loss of purchasing power in Central America.

They are Salvadorans and Guatemalans who have less of an increase in prices.

By contrast, Panama and Nicaragua have been more affected by increases in the cost of products like food, hotels and services, including transport and electricity.

Costa Rica remains a half table, seeking a balance between a good level of domestic consumption and not too high a price increase.

Figures are for inflation in each country, between July 2011 and June this year, the Central American Monetary Council.

El Salvador (0.6)
Guatemala (3.5)
Costa Rica (4.7)
Honduras (4.7)
Panama (5.8)
Nicaragua (6.5)

Link to Original Article:

From Central America Link

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