Inflation Panama 2016

Average inflation: 0.8%

Current Inflation

Inflation is very low at 0.8%, well below the ECB target.

Peak and Trough

The highest inflation was in December at 1.5%. The lowest inflation was in June at 0.1%.

Highest month
December: 1.5%
Lowest month
June: 0.1%
Difference
1.4 percentage points
Months with data
12 of 12

Category Insights

The highest price increase was in Food with an average of 1.5%. The lowest price increase was in Energy with an average of -1.0%.

Highest increase
Food: 1.5%
Lowest increase
Energy: -1.0%

Historical Context

Current inflation is 1.8% lower than the 5-year average of 2.6%.

5-year average
2.6%
10-year average
3.8%
All-time high (2008)
8.8%
All-time low (2003)
-0.2%

Trend

Inflation shows a downward trend. Compared to 2015, inflation has fallen by +0.7 percentage point.

Change vs. previous year
+0.7 percentage points
Largest monthly swing
October: +1.8 percentage points

ECB Target

Inflation is 1.2% below the ECB target of 2.0%. Too low inflation may indicate economic weakness.

Purchasing Power

At this inflation rate, purchasing power gradually decreases. The impact on daily expenses is relatively limited.

What you could buy for €100 this year will cost approximately €100.80 next year at this inflation rate.

Multi-year trend

Monthly figures 2016

Month overview

Month Inflation Difference vs. 2015
January 0.3% -0.6
February 1.2% +1.6
March 0.6% +0.6
April 0.6% +0.6
May 0.3% -0.1
June 0.1% +0.1
July 0.1% -0.8
August 0.5% +0.1
September 1.2% +1.6
October 1.4% +1.8
November 1.3% +1.3
December 1.5% +1.2
Average 0.8%

Data source

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

See also