A. M. 
The Consejo Monetario Centroamericano (SECMCA) has presented the most recent data on the Consumer Price Index (CPI) in the Centroamérica y República Dominicana (CARD) region for november 2024. According to the report, year-over-year inflation reached 2.04%, representing an increase of 0.23 percentage points over the previous month. This rebound marks a slight change in the trend of recent months, where inflationary levels had shown greater stability.
In cumulative terms, inflation registered a variation of 1.76 % at the end of november. This indicator reflects the adjustments in the prices of goods and services so far this year, mainly influenced by external factors, such as the behavior of international fuel and food prices, as well as the domestic economic dynamics of each country. The accumulated variation, although moderate, underscores the challenges faced by the region in keeping inflation levels under control.
It is worth noting that, despite the rebound observed in november, regional inflation decelerated by an average of 0.10 percentage points with respect to the same period of the previous year. This performance reflects a combination of monetary policy measures adopted by member countries and the moderation of global inflationary pressures. However, risks associated with external factors, such as geopolitical tensions and volatility in financial markets, persist.
SECMCA highlights the importance of maintaining regional coordination to ensure price stability and mitigate the impact of external shocks. In this context, central banks in the region have continued to implement strategies to anchor inflationary expectations and foster a favorable macroeconomic environment. These actions have been key to avoid severe fluctuations in domestic markets.
Although year-on-year inflation in the region showed a slight increase in november 2024, the overall inflationary outlook remains under control, with a decelerating trend in the annual average. Nevertheless, the global economic context calls for continued vigilance and strengthened regional cooperation to address economic challenges and preserve stability in the medium term.
