Economy : Monthly inflation up 3.4%

Inflation in Haiti has snapped the steady disinflationary pattern that defined the first half of the 2025-2026 fiscal year, with official data released in June 2026 showing a sharp acceleration of price growth in April. Monthly inflation hit 3.4% last April, a more than four-fold increase from the 0.8% rate recorded in March, pushing annual inflation up to 21.0% from 20.6% the prior month.

This sudden uptick in price pressures is largely driven by the ripple effect of rising petroleum product costs, which have pushed up transportation expenses and filtered through to multiple core categories of the consumer spending basket. Breakdown data from Haiti’s central bank (Banque de la République d’Haïti, BRH) shows that the transportation sector alone contributed 57.4% of April’s monthly inflation, with prices in the category rising 25.5% month-over-month.

Three key sectors account for the vast majority of Haiti’s current inflationary pressure: food and non-alcoholic beverages, transportation, and housing, water, electricity and other fuels. Combined, these three categories make up 94.1% of April’s monthly inflation growth and 80.1% of annual inflation. Other notable price increases in April included a 3.0% jump in restaurant prices and a 2.8% rise in housing and utility costs, while food and non-alcoholic beverages recorded a 2.2% monthly increase.

The reversal of the disinflationary trend that held between November 2025 and March 2026 marks a notable shift in Haiti’s economic trajectory, putting renewed pressure on household budgets already strained by years of elevated price growth. Looking ahead to the May to July 2026 period, BRH economists project that monthly inflation will gradually slow as the energy shock eases and fuel prices decline, a trend already observed in May 2026. The central bank forecasts monthly inflation will fall to 2.6% in May, 2.0% in June, and 1.7% in July.

However, the outlook for year-on-year inflation remains mixed, with BRH projecting the annual rate will tick upward to 21.6% in May and 21.7% in June before edging down to 21.3% in July. The full detailed inflation report for April 2026 is available for public download via the HaitiLibre official website.