Inflation Honduras 2024

Average inflation: 4.6%

Current Inflation

Inflation is high at 4.6%, well above the ECB target.

Peak and Trough

The highest inflation was in July at 5.1%. The lowest inflation was in November at 3.9%.

Highest month
July: 5.1%
Lowest month
November: 3.9%
Difference
1.2 percentage points
Months with data
12 of 12

Category Insights

The highest price increase was in Core inflation with an average of 5.0%. The lowest price increase was in Food with an average of 4.2%.

Highest increase
Core inflation: 5.0%
Lowest increase
Food: 4.2%

Historical Context

Current inflation is 1.1% lower than the 5-year average of 5.7%.

5-year average
5.7%
10-year average
5.5%
All-time high (2022)
9.1%
All-time low (2020)
3.5%

Trend

Inflation shows a downward trend. Compared to 2023, inflation has fallen by +2.1 percentage point.

Change vs. previous year
-2.1 percentage points
Largest monthly swing
February: -5.3 percentage points

ECB Target

Inflation is 2.6% above the ECB target of 2.0%. This means purchasing power is declining faster than intended.

Purchasing Power

At this inflation rate, purchasing power noticeably decreases. Without a salary increase, you can buy less with the same money.

What you could buy for €100 this year will cost approximately €104.60 next year at this inflation rate.

Multi-year trend

Monthly figures 2024

Inflation by category

Food
4.2%
-0.4vs avg.
More details →
Energy
4.5%
-0.1vs avg.
More details →
Core inflation
5.0%
+0.4vs avg.
More details →

Inflation differs per product group. Click on a category for the historical trend.

Month overview

Month Inflation Difference vs. 2023
January 5.0% -3.9
February 4.5% -5.3
March 4.8% -4.3
April 4.8% -2.6
May 4.9% -1.7
June 4.9% -0.7
July 5.1% 0.0
August 5.0% -0.7
September 4.5% -1.6
October 4.0% -1.8
November 3.9% -1.1
December 3.9% -1.3
Average 4.6%

Data source

Data from WorldBank. Last updated: 06/01/2026.

See also