Q3 Economic Performance Bulletin

The annual inflation rate at the start of the 3rd quarter of 2019 rose to 4.9% in July from the 4.4% registered the previous month, before falling to 4% in August and then slightly rising to 4.1% in September. The average inflation rate in the third quarter of 2019 was 4.3%—down from the 5.3% and 7.3% registered in the second and first quarter of 2019 and significantly down from the 12.3%, 17% and 19% registered in Q3, Q2 and Q1 of 2018, respectively.