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LatinNews Daily - 21 January 2025

In brief: Panama’s inflation picks up

*Panama’s national statistics institute (Inec) has released new figures showing that monthly inflation in December was 0.2%, bringing the year-on-year rate to -0.2%. This is up from 0.1% in November, when the year-on-year rate was -0.3%. Sectors to have registered a drop in inflation in year-on-year terms were: communications (-3.2%); clothing & shoes (-2.3%); health (-2.2%); recreation & culture (-1.2%); transport (-0.6%); and household goods (-0.3%). Sectors to have registered an increase in inflation were: alcoholic drinks & tobacco (+3.4%); restaurants & hotels (2.0%); various goods & services (1.0%); housing, water, electricity, & gas (0.7%); education (0.7%); and food & non-alcoholic drinks (0.1%).

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