Inflation Panama 2018
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 July at 1.3%. The lowest inflation was in December at 0.2%.
- Highest month
- July: 1.3%
- Lowest month
- December: 0.2%
- Difference
- 1.1 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Energy with an average of 0.6%. The lowest price increase was in Food with an average of -0.6%.
- Highest increase
- Energy: 0.6%
- Lowest increase
- Food: -0.6%
Historical Context
Current inflation is around the 5-year average of 1.0%.
- 5-year average
- 1%
- 10-year average
- 2.7%
- All-time high (2008)
- 8.8%
- All-time low (2003)
- -0.2%
Trend
Inflation has remained relatively stable. Compared to 2017, the difference is minimal (-0.1 percentage point).
- Change vs. previous year
- -0.1 percentage points
- Largest monthly swing
- February: -1.5 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 2018
Month overview
| Month | Inflation | Difference vs. 2017 |
|---|---|---|
| January | 0.4% | -1.2 |
| February | 0.4% | -1.5 |
| March | 0.6% | -0.9 |
| April | 0.8% | -0.2 |
| May | 0.8% | 0.0 |
| June | 1.2% | +0.5 |
| July | 1.3% | +0.9 |
| August | 1.1% | +0.4 |
| September | 0.8% | 0.0 |
| October | 1.0% | +0.5 |
| November | 0.8% | +0.4 |
| December | 0.2% | -0.3 |
| Average | 0.8% |
Data source
Data from WorldBank. Last updated: 06/01/2026.