Nicaragua year-on-year inflation up 23.92
Nicaraguan year-on-year inflation in August was 23.92 percent, owing to rising fuel and basic grain prices, according to the Central Bank (BCN).
Prices rose last month 0.51 percent, while inflation in the first eight months of the year reached 13.73 percent, the BCN said in its monthly report released yesterday.
The Central Bank, however, noted that the rising consumer price index has slowed since July with dipping cost of petroleum, which it said has eased down price increases of such commodities as beverages and housing.
You may be interested
5 questions for US painter Suzahn KingElizabeth Lang - May 20, 2018
Suzahn King's paintings, known for their intricate details, are currently focused on her surroundings in Costa Rica, a country she…
Jean Marc Calvet, part III: Leaving Marco behindElizabeth Lang - May 18, 2018
This is the story of Nicaraguan-based French artist Jean Marc Calvet: a man whose complex life, obscurities and misfortunes overwhelmed…