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Panama Inflation April 2024

Panama: Inflation remains stable in April

Inflation was stable at March’s 1.7% in April. The result was largely due to softer growth in prices for food and non-alcoholic beverages and a quicker drop in price pressures for clothing and footwear which offset stronger price increases for transport, and housing and utilities.

Annual average inflation was unchanged at March’s 1.4% in April.

Finally, consumer prices increased 0.15% from the previous month in April, coming in below March’s 0.35% rise. April’s result marked the weakest reading since December 2023.

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