For the month of January 2018, the General Consumer Price Index (base 100 in August 2004) stood at 330.1 against 327.2 the previous month, showing an increase in inflation of + 0.9% on a monthly basis, slightly higher than December + 0.8%. However, year-on-year (last 12 months) inflation stands at 13.2%, slightly better than the previous month when inflation was 13.3%.

The monthly rise in inflation of + 0.9% is mainly the result of the behavior of consumption functions: "Food, Beverages and Tobacco" (+ 1.0%), "Rent of Housing, Energy and Water" (+ 1.0%), "Development, Equipment and Maintenance of Housing" (+ 1.2%) and "Health" (+ 1.0%).

The positive change in the "Food, Beverages and Tobacco" index, which accounts for more than 50% of the household budget, comes from, among other things, from the rise in prices: cornflakes (+ 1.2%), mirliton, pumpkins (+ 1.9%) , onions (+ 1.4%), meat on average (+ 1.7%), herring on average (+ 1.5%), coconut (+ 2.8%), banana (+ 1.8%), giraumon (+ 2.0%), eggplant (+ 2.3%), potatoes (+ 1.4%), carrots (+ 2.0%), malanga (+ 1.6%), cassava (+ 1.5%), potatoes (+ 1.4%), chadec (+ 1.8%), lemon (+ 1.3%) and cocoa powder (+ 1.4%).

The rise in the "Housing Rent, Energy and Water" index comes from the change in the prices of rent for housing (+ 1.9%), propane gas (+ 0.3%) and candle wax (+ 0.3%).

The increase in the "Accommodation, Equipment and Maintenance" index is due to: dining room (+ 1.0%), insecticide (+ 1.6%), disinfectant (+2.0), domestic staff salary (+ 2.1%) and other services (+ 10.6%).

Finally, the increase in the "Health" index is attributable to price increases: corrective eyewear (+ 0.6%), hospitalization costs (+ 0.6%) and physician fees (+1.4%).

Situation in figures by function for the whole country (yoy) :

Food, beverages and tobacco : 13.2%

Apparel and textiles, footwear : 18.4%

Rent housing, energy and water : 17.2%

Development and maintenance of housing : 10.6%

Health : 17.3%

Transport : 6.6%

Leisure, entertainment, education and cultural : 10.9%

Other goods and services : 9.6%

Situation in Figures local products (yoy) :

Food, beverages and tobacco : 14.3%

Apparel and textiles, footwear : 16.7%

Rent housing, energy and water : 16.1%

Development and maintenance of housing : 11.8%

Health : 17.7%   

Transport : 4.4%

Leisure, entertainment, education and cultural : 11.7%

Other goods and services : 3.2%

Situation in figures of imported products (YoY) :

Food, beverages and tobacco : 8.3%

Apparel and textiles, footwear : 17.8%

Rent housing, energy and water : 19.0%

Development and maintenance of housing : 11.0%

Health : 8.1%

Transport : 12.0%

Leisure, entertainment, education and cultural : 9.6%

Other goods and services : 8.9%

General Price Index by Region (Variation on a month) :

Metropolitan area (+ 0.9%)

Rest North (+ 0.9%) (includes the departments of South-East and West)

North (+ 0.8%), (including departments of the North, Northeast and Northwest)

South (+ 1    .0%) (including South departments of Grand'Anse and Nippes)

Transversal (+ 1.0%), (including the departments of Centre and Artibonite)

See also :

https://www.haitilibre.com/en/news-23428-haiti-economy-+08-inflation-in-december-2017.html

HL/ HaitiLibre