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Economy / Panama

Macroeconomic Forecast Panama

May 2012 | Macroeconomic Forecasts

BMI View: Consumer price inflation continued to fall in the early months of 2012, dropping below 6.00% for the first time in eight months, to 5.97% y-o-y in April. Although month-on-month inflation remained slightly elevated, at 0.71% in the same months, this moderation in price growth is in line with our view that cooler domestic demand an easing of imported price pressures will see inflation drop to 5.20% by end-2012, and remain around the 5.00% mark to average 5.10% in 2013.

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