According to the new Consumer Price Index (CPI base 100, 2017-2018 https://www.haitilibre.com/en/news-26268-haiti-economy-a-new-index-of-consumer-prices-more-efficient.html ), monthly inflation increased in October 2018 by +1.4% and +14.3% year-on-year (last 12 months).

This variation comes from the rise in almost all consumption functions, the most important of which are : Food and non-alcoholic beverages (+ 2.1% over one month and + 16.6% over one year), clothing and footwear (+1.2 % over one month and + 15.2% over one year), Furniture, household goods and household maintenance (+ 1.6% over one month and + 17.5% over one year), Health (+1.9% over one month and +20.5% % over one year) and Miscellaneous goods and services (+ 1.0% over one month and + 15.0% over one year).

Products that experienced the strongest year-over-year increases :

Food :

Imported rice (+ 26.4%), meat (+ 22.1%), chadec (+ 22.9%), eggplant (+ 29.7%), the true tree (+ 28.2%).

Clothing :

Dress (+ 17.3%) and shoes and tennis (+ 17.1%).

Furniture, household items... :

Curtain (+ 22.6%), stove (+ 20.8%), refrigerator (+ 29.5%) and insecticides (+ 25.6%).

Health :

Medication (+ 24.8%) and hospitalization costs (+ 15.4%).

Miscellaneous goods and services :

Toilet soap (+ 17.1%), toothpaste (+ 22.1%) and perfume, eau de toilette (+ 16.2%).

Local products, increased in October by + 1.4% and + 13.3% yoy, slightly lower than the CPI Global + 1.4% in October and + 14.3% over the last 12 months. While, the price increase of imported products is higher than that of local products with monthly increases of +1.6% and annual +16.0%.

At the regional level, the highest monthly inflation was observed in the South Department (+ 1.8%) and the Metropolitan Area (+ 1.6%). While over the last 12 months, the departments of the North (+ 14.5%), Rest West and Transversal (+ 14.4%) showed the largest increases.

Consumer Price Index (CPI) for the whole country by consumption function

General index : + 14.3% over one year + + 1.4% over the month of October

Food and non-alcoholic beverages: month + 2.1%, year + 16.6%

Alcoholic beverages and tobacco: month + 0.4%, year + 5.4%

Clothing and footwear items: month + 1.2%, year + 15.2%

Housing, water, gas, electricity and other fuels: month + 0.8%, year + 13.2%

Furniture, household goods and household maintenance: month + 1.6% year + 17.5%

Health: months + 1.9%, year + 20.5%

Transport: months + 0.5%, year + 4.7%

Communications: month + 0.3%, year + 2.9%

Hobbies: 0.8% month, year + 14.5%

Lessons: month 0.0%, year + 10.8%

Restaurants: month 1.0%, year + 15.5%

Miscellaneous goods and services: month 1.0%, year + 15.0%

Annual evolution of CPI October 2017 to October 2018

Global IPC :

2017: October: 10.7%; November 10.5%; December 10.5%; 2018: January 10.9%; February 11.0%; March 11.1%; April 11.2%; May 11.1%; June 11.7%; July 12.1%; August 12.7%; September 13.2%; October 14.4%

IPC of local products :

2017: October: 10.7%; November 10.4%; December 10.4%; 2018: January 10.5%; February 10.6%; March 10.8%; April 11.0%; May 11.1%; June 11.4%; July 11.8%; August 12.1%; September 12.4%; October 13.3%

CPI of imported products :

2017: October: 10.8%; November 10.7%; December 11.1%; 2018: January 11.4%; February 11.6%; March 11.5%; April 11.9%; May 11.0%; June 11.9%; July 12.7%; August 13.6%; September 14.0%; October 16.0%

CPI by geographic region :

Metropolitan area : months + 1.6%, year + 14.1%

(Port-au-Prince, Delmas, Pétion-ville, Carrefour and Croix des Bouquet)

Rest West : months + 1.4%, year + 14.4%

(South-East and West Departments without Metropolitan Area)

North : months + 1.4%, year + 14.5%

(Department of North, North East and North West)

South : months + 1.8%, year + 14.3%

(Department of the South, Grande-Anse and Nippes)

Transversal : months + 1.3%, year + 14.4%

(Department of Center and Artibonite)

See also :

https://www.haitilibre.com/en/news-26268-haiti-economy-a-new-index-of-consumer-prices-more-efficient.html

HL/ HaitiLibre