Inflation Rate in Panama decreased to 1.67 percent in October from 1.93 percent in September of 2022. source: Instituto Nacional de Estadística y Censo - Panamá

Inflation Rate in Panama averaged 2.58 percent from 2008 until 2022, reaching an all time high of 10.04 percent in September of 2008 and a record low of -2.50 percent in May of 2020. This page provides - Panama Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Panama Inflation Rate - data, historical chart, forecasts and calendar of releases - was last updated on November of 2022.

Inflation Rate in Panama is expected to be 3.70 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Panama Inflation Rate is projected to trend around 2.00 percent in 2023, according to our econometric models.

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Panama Inflation Rate

Calendar GMT Actual Previous Consensus TEForecast
2020-02-14 11:00 PM Jan 0.4% -0.1% -0.2%
2020-03-13 09:15 PM Feb 0.0% 0.4% 0.3%

Related Last Previous Unit Reference
Inflation Rate 1.67 1.93 percent Oct 2022
Inflation Rate MoM 0.00 0.00 percent Oct 2022
Food Inflation 4.59 4.42 percent Oct 2022
CPI Transportation 108.98 109.00 points Oct 2022
CPI Housing Utilities 96.18 96.40 points Oct 2022
Consumer Price Index CPI 107.53 107.50 points Oct 2022

Panama Inflation Rate
In Panama, the most important categories in the Consumer Price Index are: Food & Non-alcoholic Beverages (22% of the total weight) and Transport (17%). Miscellaneous Goods and Services account for 10%; Recreation & Culture for 10%; and Housing & Utilities for 9%. Others include: Clothing & Footwear (8%), Restaurants & Hotels (7%), Communications (4%), Education (2%) and Alcoholic Beverages & Tobacco (1%).
Actual Previous Highest Lowest Dates Unit Frequency
1.67 1.93 10.04 -2.50 2008 - 2022 percent Monthly