The transportation and health sectors, with 0.38 and 0.11 percentage points, respectively, were the ones that most influenced the behavior of inflation in Honduras in August. . / Gustavo Amador / Archive
Tegucigalpa, Sep 7 . .- The Consumer Price Index (CPI) for August in Honduras was 0.18% due to the rise in prices in urban passenger transport, fuel and some health products, in the middle of the coronavirus pandemic, according to figures released this Monday by the Central Bank of the Central American country.
Accumulated inflation in the first eight months reached 2.08%, lower than the 2.94% of the same period of 2019, indicated the issuing entity of Honduras.
He pointed out that the transport and health sectors, with 0.38 and 0.11 percentage points, respectively, were the ones that most influenced the behavior of inflation in August.
Accommodation, water, electricity, gas and other Fuels are added, with 0.08 percentage points; clothing and footwear presses (0.05 points); furniture and household items (0.05); hotels, cafes and restaurants and personal care with 0.03 points each, and recreation with 0.02 points, added the Central Bank.
The food and non-alcoholic beverages sector « partially offset the referred upward movements, registering a contribution of -0.57 percentage points, » the entity explained.
Between January and August, all regions of the country registered a decrease in the price of food and an increase in fuels for vehicular and domestic use.
The institution highlighted that the highest variations in monthly inflation were registered in the central region (0.36%), the central metropolitan region (0.30%), the northern metropolitan area (0.27%), and the rest of the north (0.06%). %).
However, in the eastern region a decrease in the price of food of 0.03%, western (0.06%) and south (0.20%) was reported.
The interannual inflation between January and August of this year was 3.22%, lower than the 4.29% of the same period of 2019, the report details.
In December 2019, inflation in Honduras was 0.42%, while the year-on-year closed at 4.08%, according to the country’s monetary body.
According to an update to the 2020-2021 Monetary Program, inflation this year will have a « downward trajectory, being close to the lower limit of the tolerance range established by the BCH (4%), mainly in view of the contraction of aggregate demand. and the effect of the fall in fuel prices in the first months of the year, offsetting the effect of the increase in food prices « .