Inflation Rate in Panama decreased to 2.04 percent in February from 2.71 percent in January of 2023. source: Instituto Nacional de Estadística y Censo - Panamá

Inflation Rate in Panama averaged 2.57 percent from 2008 until 2023, 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 March of 2023.

Inflation Rate in Panama is expected to be 2.80 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations.

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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 2.04 2.71 percent Feb 2023
Food Inflation 5.19 5.32 percent Feb 2023
CPI Transportation 109.55 110.03 points Feb 2023
CPI Housing Utilities 105.44 105.18 points Feb 2023
Consumer Price Index CPI 108.90 108.86 points Feb 2023
Inflation Rate MoM 0.10 0.17 percent Jan 2023

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
2.04 2.71 10.04 -2.50 2008 - 2023 percent Monthly