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Panama wholesale prices rise 3.7 percent

11/13/2010 By Panama Eric

(prensa.com) The wholesale price index (WPI) in Panama increased by 3.7 percent in September 2010, as compared to the same month in 2009.  This, according to a report released yesterday by the National Institute of Statistics and Census (INEC) of the Comptroller General of the Republic.

As per the results evaluated, there was a price increase in the three sectors that form the foundation of the WPI: Import (5.8 percent); Agriculture (3.3 percent); and Industrial (1.3 percent).

Official data on inflation shows a 2.7 percent increase in the cumulative percentage variation, when comparing the WPI in September 2010 to that of December 2009.

INEC’s report also confirmed a 1.2 percent increase in the WPI from June to September this year.

Filed Under: Panama Travel Tagged With: Panama Economy

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