LatinNews Daily - 06 October 2022

*Honduras’s central bank (BCH) has released new figures which show that monthly inflation in September was 0.13%, less than the average monthly rate of 0.91% observed between January and August. This brings the annual rate to 10.04%, down from 10.40% in August, 10.86% in July, and 10.22% in June. The BCH highlights transport (which registered -0.30% price increase) and food and non-alcoholic drinks (-0.11% price increase) as categories driving the slow-down. The BCH highlights measures that it has taken in relation to liquidity in the banking system as factors taming inflation, as well as steps taken by the leftist Partido Libertad y Refundación (Libre) government led by President Xiomara Castro to reduce inflation such as energy subsidies, among other things.

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