Inflation Rate in Nicaragua increased to 6.41 percent in October from 5.86 percent in September of 2021. source: Banco Central de Nicaragua

Inflation Rate in Nicaragua averaged 8.25 percent from 1993 until 2021, reaching an all time high of 23.99 percent in September of 1993 and a record low of -0.12 percent in August of 2009. This page provides the latest reported value for - Nicaragua Inflation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Nicaragua Inflation Rate - data, historical chart, forecasts and calendar of releases - was last updated on January of 2022.

Inflation Rate in Nicaragua is expected to be 5.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Nicaragua Inflation Rate is projected to trend around 4.50 percent in 2022 and 4.00 percent in 2023, according to our econometric models.

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Nicaragua Inflation Rate


Calendar GMT Actual Previous Consensus TEForecast
2019-08-08 11:00 PM Jul 6.09% 5.63% 5.5%
2019-09-06 10:00 PM Aug 6.13% 6.09% 6%


Related Last Previous Unit Reference
Inflation Rate 6.41 5.86 percent Oct/21
Consumer Price Index CPI 249.60 247.80 points Oct/21
Producer Prices 255.80 252.20 points Apr/19
Producer Prices Change 0.80 0.70 percent Apr/19
Inflation Rate Mom 0.73 0.65 percent Oct/21
Food Inflation 8.68 8.10 percent Oct/21
CPI Transportation 215.10 211.50 points Oct/21
CPI Housing Utilities 235.10 230.70 points Oct/21
Core Inflation Rate 5.07 4.86 percent Oct/21
Core Consumer Prices 236.80 235.85 points Oct/21
Nicaragua Inflation Rate
In Nicaragua, the most important category in the consumer price index is Food and Non-Alcoholic Beverages (30.9 percent of total weight). Housing and Utilities accounts for 9.8 percent; Restaurants and Hotels for 9.5 percent; Transport for 8.9 percent; Miscellaneous Goods and Services for 8 percent and Furniture, Household Goods and Maintenance for 7.4 percent. Clothing and Footwear; Health; Education; Recreation and Culture; Communication and Alcoholic beverages and Tobacco account for the remaining 25.5 percent of total weight.