Panama - Consumer price index climbs 2.6%| MENAFN.COM

Tuesday, 17 May 2022 11:51 GMT

Panama - Consumer price index climbs 2.6%


(MENAFN- Newsroom Panama)

The rise in some services and products was reflected in the consumer price index (CPI) for December 2021, which increased 2.6% compared to the same month of the previous year.

According to the report of the National Institute of Statistics and Census (INEC), in the group that presented an increase is transportation, with 10.5%, defined largely by the increase in fuel last year. Amid the pandemic, the increases are attributed to various local and international factors, such as the rise in freight rates that has hit consumers around the world.

 Education shows an increase of 3.1%; housing, water, electricity and gas, with 2.3%; food and non-alcoholic beverages, with 2.2%; restaurants and hotels, with 2.0%

 

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