Inflation Panama 2019
Average inflation: -0.3%
Current Inflation
There is deflation with consumer prices declining by 0.3%.
Peak and Trough
The highest inflation was in May at 0.0%. The lowest inflation was in October at -0.7%.
- Highest month
- May: 0.0%
- Lowest month
- October: -0.7%
- Difference
- 0.7 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Food with an average of 0.5%. The lowest price increase was in Energy with an average of -0.3%.
- Highest increase
- Food: 0.5%
- Lowest increase
- Energy: -0.3%
Historical Context
Current inflation is 0.8% lower than the 5-year average of 0.5%.
- 5-year average
- 0.5%
- 10-year average
- 2.4%
- All-time high (2008)
- 8.8%
- All-time low (2019)
- -0.3%
Trend
Inflation shows a downward trend. Compared to 2018, inflation has fallen by +1.1 percentage point.
- Change vs. previous year
- -1.1 percentage points
- Largest monthly swing
- August: -1.7 percentage points
ECB Target
Inflation is 2.3% below the ECB target of 2.0%. Too low inflation may indicate economic weakness.
Purchasing Power
Due to deflation, purchasing power increases. Money becomes more valuable instead of less.
What you could buy for €100 this year will cost approximately €99.70 next year at this inflation rate.
Multi-year trend
Monthly figures 2019
Month overview
| Month | Inflation | Difference vs. 2018 |
|---|---|---|
| January | -0.3% | -0.7 |
| February | -0.5% | -0.9 |
| March | -0.2% | -0.8 |
| April | -0.1% | -0.9 |
| May | 0.0% | -0.8 |
| June | -0.5% | -1.7 |
| July | -0.3% | -1.6 |
| August | -0.6% | -1.7 |
| September | -0.6% | -1.4 |
| October | -0.7% | -1.7 |
| November | -0.3% | -1.1 |
| December | -0.1% | -0.3 |
| Average | -0.3% |
Data source
Data from WorldBank. Last updated: 06/01/2026.