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iciHaiti - Economy : Inflation breaks records in 2015 02/01/2016 09:00:55
The growing socio-political instability, since the beginning of this electoral year, combined among other to a drought phenomenon that has affected the spring harvest, are responsible for negative impact on the already fragile economy of Haiti (lower investments, higher inflation, devaluation of the Gourde...)
This year, inflation, either on a monthly or annual basis broke records, reaching 12% in November, the highest since 2008. As a consequence, the cost of living undergoes almost constant rise since January 2015. https://www.haitilibre.com/en/news-16163-haiti-economy-inflation-reaches-the-threshold-of-12.html
Inflations rates in 2015 yoy :
January (6.5%), February (6.6%), March (6.4%), April (6.3%), May (6.6%), June (8%), July (9, 3%), August (10.4%), September (11.3%), October (11.7%) and November (12%).
PI/ iciHaiti
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