February 2024 Witnesses Significant Spike in Inflation, Reaching 23%

Inflation bounced back in February 2024.

Le Nouvelliste
Par Le Nouvelliste
09 Apr 2024 | Lecture : 2 min.

Inflation bounced back in February 2024. Indeed, the Consumer Price Index (CPI, 100 in 2017-2018), which stood at 362.5 in January, rose to 373.6 in February, thus showing an acceleration both on a monthly basis (3.1% compared to 1.1%) and on an annual basis (23% compared to 20.9%), according to data published by the Haitian Institute of Statistics and Informatics (IHSI) in the latest edition of its monthly section titled "The CPI Corner."

The observed rebound stems from the upward trend in all consumption functions,

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