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Panama's anual inflation rate cools in September

Monday, October 15, 2012


Panama's annual consumer price inflation rate slowed slightly in September, decelerating to 5.4 percent from 6.1 percent in August, the
government statistics agency said on Friday.

Compared to the same period last year, food and beverage costs rose 7.9 percent and transportation prices increased 4.5 percent. Furniture
and household equipment were also up by 5.2 percent.

But prices in September were slightly offset by a decline in the price of vegetables and home phone services, the agency said.

Source: Reuters