Home » World » Might inflation in Honduras was 0.16% and cumulatively stood at 1.85%

Might inflation in Honduras was 0.16% and cumulatively stood at 1.85%

Tegucigalpa, June 3 (EFE).- Inflation in Honduras slowed down final Might for the third consecutive month and stood at 0.16%, the bottom recorded within the final yr, as a result of decrease costs of some meals and fuels, reported this Monday an official supply.

Based on a report from the Central Financial institution of Honduras (BCH), collected inflation within the first 5 months was 1.85%, the “lowest for this identical month” within the final three years.

The pinnacle of Financial Data Administration of the BCH, Osman García, mentioned that the nation has registered “a slowdown” in inflation within the final three months due to decrease costs of merchandise of agricultural origin (corn, rice and a few greens), meat meals , seafood and eggs, and gasoline reductions for the final 5 weeks.

He identified that financial change and financial measures have “influenced the discount of gasoline and electrical energy costs by subsidies.”

Interannual inflation (Might 2023-Might 2024) registered a charge of 4.94%, decrease than the 6.58% it reached in the identical interval final yr, he added.

The financial entity indicated that final Might the weighted common drop in meals and non-alcoholic drinks “attenuated month-to-month inflation with a unfavourable participation of 0.19 share factors.”

The lodging, water, electrical energy, gasoline and different fuels, inns and cafeterias and eating places sectors reported “a higher contribution” within the Shopper Worth Index (CPI) for Might, with 0.06 share factors.

Private care, clothes and footwear, furnishings and home items, with 0.03 share factors every; transportation, well being, recreation and tradition, with 0.02 factors, had a decrease contribution to inflation in Might, mentioned the physique that governs Honduran financial coverage.

The Central American nation closed 2023 with an inflation of 5.19%, which is 4.61 share factors decrease than that noticed on the finish of 2022 (9.80%), in line with official figures.

Based on projections disclosed by the BCH within the 2024-2025 Financial Program, inflation can be between 4% and 5% this yr and subsequent. EFE

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