*Honduras’ central bank (BCH) has released new figures which show monthly inflation in July was 0.64%, up from 0.32% in June while the year-on-year rate was 5.06%, up from 4.87% in June. The BCH attributes the increase to price rises of some agricultural foods affected by climate (loss of harvests due to excessive rains) and pests, as well as increases in the cost of maritime transport which has affected some industrialised foods, mainly those which are imported. The BCH also highlights higher domestic prices of most fuel for vehicular and domestic use due to the increase in international oil prices as a result of geopolitical tensions in the Middle East as well as reductions in daily oil production by members of the Organization of the Petroleum Exporting Countries (Opec). The BCH highlights food & non-alcoholic drinks, which registered a 0.45% inflation rate, as a sector driving monthly inflation, as well as transport (0.07%).
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