Panama inflation hits hard on lowest paid

441Views 0Comments Posted 15/09/2013

THE 75 percent of households in Panama with incomes under $1,000 a month have been hardest hit by the latest inflation figures.

Food and beverages, up by 5.4 percent. showed the biggest increase in August. The cost of schooling followed, rising by 5.2 percent and health by 4.6 percent. The overall consumer price index increased 3.9 percent according to the Comptroller General.