Inflation

While Haiti has seen some positive shifting in the course of the rate of inflation over the last few months, with the recorded rate, as captured and reported by the Banque de la République dHaiti, at 3.4% in November of 2013, anything lower than the rate at the period following 2010 can be counted as a blessing. The cost of living was then so high that, compared to Americans, Haitians were paying more than three times the amount for a gallon of milk and $5 more for a gallon of gas.

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As the rate of inflation in Haiti continues to slow down, blessedly miles away from the ghastly 42.46% recorded in September 2003 at its present 4.20%, eyes shift to how this good tide affects the country's industries. The percentage for the food, beverages and tobacco industry is 3.2%, with lowered prices on items like bread, green and dried peas, ground provisions like potatoes and yams, and citrus fruits such as lemons, grapefruits and oranges. Meanwhile, the health industry reported a 3.7% rate of inflation, while energy, water and rent housing reported 5%.

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