#901: Inflation in Haiti (fwd)

[Robert Corbett <bcorbett@netcom.com>]

From: Max Blanchet <MaxBlanchet@worldnet.att.net>

Source: Banque de la République d'Haïti

at: www.brh.net

Year: 1999

January       0.79%

February     0.73%

March         0.63%

April           0.74%

May            0.91%

June            1.03%

July             0.92%

August        0.65%

September   0.76%

Monthly average: 0.82% based on a geometric average

Annualized rate: 10.31%

This is how the "average" Haitian consumer spends his

or her money:

Foods, drinks and tobacco	49.4%

Clothing, shoes		  8.5%

Rent, energy ...                            9.1%

Housing and repair                     5.0%

Health                                        3.2%

Transportation                             8.7%

Leisure			   7.2%

Other goods		   8.9%

Total                                       100.0% 

Note the very high percentage of the consumer's income

spent on food!