Inflation Panama 2017

Average inflation: 0.9%

Current Inflation

Inflation is very low at 0.9%, well below the ECB target.

Peak and Trough

The highest inflation was in February at 1.9%. The lowest inflation was in July at 0.4%.

Highest month
February: 1.9%
Lowest month
July: 0.4%
Difference
1.5 percentage points
Months with data
12 of 12

Category Insights

The highest price increase was in Energy with an average of 1.9%. The lowest price increase was in Food with an average of -0.5%.

Highest increase
Energy: 1.9%
Lowest increase
Food: -0.5%

Historical Context

Current inflation is 0.8% lower than the 5-year average of 1.7%.

5-year average
1.7%
10-year average
3.5%
All-time high (2008)
8.8%
All-time low (2003)
-0.2%

Trend

Inflation has remained relatively stable. Compared to 2016, the difference is minimal (+0.1 percentage point).

Change vs. previous year
+0.1 percentage points
Largest monthly swing
January: +1.3 percentage points

ECB Target

Inflation is 1.1% 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 €100.90 next year at this inflation rate.

Multi-year trend

Monthly figures 2017

Month overview

Month Inflation Difference vs. 2016
January 1.6% +1.3
February 1.9% +0.7
March 1.5% +0.9
April 1.0% +0.4
May 0.8% +0.5
June 0.7% +0.6
July 0.4% +0.3
August 0.7% +0.2
September 0.8% -0.4
October 0.5% -0.9
November 0.4% -0.9
December 0.5% -1.0
Average 0.9%

Data source

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

See also