Haiti: Inflation continues in November

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.