UNCLAS PORT AU PRINCE 003125

SIPDIS

STATE FOR WHA/CAR
EB/IFD/ODF
EB/IFD/OMA
WHA/EPSC
INR/IAA/MAC
S/CRS
TREASURY FOR JEFFREY LEVINE
STATE PASS AID FOR LAC/CAR
USDOC FOR 4322/ITA/MAN/WH/OLAC (SMITH, S.)

E.O. 12958: N/A
TAGS: ECON EFIN PGOV HA
SUBJECT: Haiti: Inflation continues in November


According to just-released figures from the Haitian
Statistical Institute, overall inflation for November 2005
was 1.18 percent (a yearly rate of 15.1 percent).
Inflation for the past 12 months was 15.9 percent. Much of
November's rise was due to an increase in the housing,
energy and water index, which was up 6.3 percent for the
month. The politically sensitive price of food rose a more
modest 0.6 percent. The inflation target in Haiti's IMF
program, EPCA II, which began on October 1, is 10.0
percent.