Honduras and the Dominican Republic are the two Central American economies that higher year-on-year inflation accumulated until last November, both nations registering an index of prices consumer price (CPI) higher than the average for the region.
In the case of Honduras, its economy suffered a interannual variation of the CPI, as of the eleventh month of 2025, of 5.09%, ranking as the country where prices became most expensive. prices in the last year.
This is recorded by the statistics of the Executive Secretary of the Central American Monetary Council (SECMCA), in which it is evident that the Dominican Republic occupies the second position among the economies in the region with the highest year-on-year increase in inflation.
With a year-on-year rise of the prices Of 4.81% as of November of this year, the national economy was in the aforementioned position among eight Central American countries, both exceeding the average for the region, which was 1.81%.
Between January and November 2025, both countries maintained the levels of inflation highest in the region, according to data from the SECMCA.
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In its CPI report for last month, the Central Bank of the Dominican Republic (BCRD) reported that the increase in inflation during that period was mainly due to increases in the prices of bananas and other agricultural goods, as a result of the rains that affected the country in October due to the impact of Storm Melissa.
He BCRD explained that, as much of the country remained operating in a limited way in commercial and productive terms during the days in which the red and yellow alert due to the effects of the phenomenon, this “had an impact on the level of prices of the aforementioned period, especially in some important agricultural items within the basic basket”, among them chili peppers, potatoes, tomatoes and onions.
In addition to Honduras and Dominican Republicthe regional body’s records indicate that Nicaragua continued with the third inflation highest interannual rate in Central America, as of last November, with 2.89%.
Those of smaller increase
The economies of Guatemala and El Salvador They appear as those of smaller increase of the index of prices to the consumer until the end of November, to which is added Costa Rica, which registered a inflation negative for the aforementioned month. Panama and Belizealthough their most recent data is for August and September 2025, they also appear in those with the lowest CPI.
The statistics of SECMCA they collect that Guatemala and El Salvador they had until the eleventh month of the year a year-on-year inflation of 1.74% and 1.14%, respectively. Meanwhile, Costa Rica’s was -0.38% for the aforementioned period.
In the cases of Panama and Belizethe first recorded a inflation negative until last August, standing at -0.36 and that of Belizeuntil September, at 0.67%.
