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Panama Inflation March 2020

Panama: Consumer prices slide in annual terms in March

Consumer prices fell 0.44% in March on a month-on-month basis, down from the 0.25% decline in February. Significantly cheaper transport prices underpinned the latest print.

Meanwhile, consumer prices fell 0.8% in March compared to the same month a year earlier, contrasting the flat reading in February. The average change in consumer prices in the 12 months leading up to March was negative 0.3%, as in February.

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