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Home Panama First Impressions Panama's inflation rate holding steady at 4.2%

Panama's inflation rate holding steady at 4.2%

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Panama's inflation rate held steady at 4.2% through September, with the consumer price index (CPI) showing no change.

Economic activity rose by 6.24% in July, driven by telecommunications, tourism and the expansion of the Panama Canal.

Panama usually enjoys a very low inflation rate, and its economy has been one of the strongest performers in the region for years (typically in the low double digits)

Government officials predict Panama's economy will grow by 7% in 2011.

 

Last Updated on Saturday, 16 October 2010 12:44  

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