June 13, 2018 / 5:36 PM / 6 months ago

Panama reports inflation of 0.8 percent in May

PANAMA CITY, June 13 (Reuters) - Panama consumer prices rose 0.8 percent in May compared to the same month last year, driven by increases in education, transport, restaurants, the Central American nation’s comptroller said on Wednesday.

Prices for food, clothing and communications fell, the comptroller said.

Since 2014, Panama has maintained a price control program for the most-consumed products in the country, which authorities credit with helping keep inflation below 1 percent.

Reporting by Elida Moreno; Editing by Richard Chang

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