Tuesday, December 15, 2009

panama, Consumer prices up 0.1 percent




Consumer prices up 0.1 percent
Consumer prices in Panama rose 0.1 percent from October to November, according to a communication released on Monday by the Comptroller General of the Republic.

The entity informed that in the 11 months up until November, cumulative inflation rang in at 1.4 percent.

The rise in gasoline prices in Panama, an importer of fuel, led to a 1.6 percent increase in transportation costs as compared with October.

Nonetheless, the inflation rate in Panama has stabilized after rising 8.7 percent last year. In the period from January to November, inflation was down to 1.8 percent.

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