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LatinNews Daily - 3 September 2024

In brief: Inflation slows in Honduras

*Honduras’ central bank (BCH) has released new inflation figures showing the monthly consumer price index (CPI) was 0.43% in August, down 0.21 percentage points on the previous month. This brings the year-on-year rate to 4.99%, down from 5.06% in July. According to the BCH, the drop was driven by moderation in the price rises of some foods including limes, watermelon, papaya, and avocados, among others. The BCH notes that the accumulated rate of 3.29% to end August is the lowest for the year to August of the past three years. The BCH estimates that policy actions by the government reduced inflation by 1.82 percentage points regarding the August annual figure.

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