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Panama inflation rate in October was lowest for a year

Tuesday, November 13, 2012

Panama's consumer price index rose 5.3 percent in the year to October, the lowest annual inflation rate in more than a year, the government statistics agency said on Monday.

Consumer prices rose 0.1 percent in October from September, maintaining the same pace of growth as in the previous month and easing annual inflation from the 5.4 percent notched through September.

The consumer price index was buoyed by rises in the price of cars and health services, while fresh fruit prices fell.

Source: Reuters