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Panama inflation ticks up to 6.1 percent in August

Friday, September 14, 2012

Panama's annual consumer price inflation rate accelerated in August by one-tenth of a percentage point to 6.1 percent, the government's statistics agency said, driven by gas prices, food and beverages.

Consumer prices in the Central American country rose by 0.5 percent in August from July, the agency added.

Specifically, the cost of food rose 9.2 percent while transportation costs were up 3.6 percent compared to the same period last year.

Source: Reuters