*Honduras’s central bank (BCH) has released new figures which show that annual inflation in July was 10.86%, up from 10.22% in June. However monthly inflation in July was 0.89%, down from 1.32% in June. In monthly terms BCH noted a deceleration of inflation “
in the majority of regions in the country, in comparison with the previous month”. The only exception is the west which reported an increase with monthly inflation of 1.44% in July compared with 1.08% in June, according to the tweet. International credit ratings agency Standard & Poor’s (S&P) last month forecast that average annual inflation is projected to come in at 12% in 2022, well beyond the official target of 4% +/-1 percentage point. It expects inflation to return to within the official target range in 2024.
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