July 2025
Report N°15 Energy Inflation in Latin America and the Caribbean (IE-LAC)

Monthly energy inflation in Latin America and the Caribbean in May 2025 fell to 0, the lowest figure since September 2024, due to negative and zero figures reported by 12 countries in the region. This trend is repeated in level annually, falling to 1.55% in response to the net drop in international oil prices between […]
June 2025
Report No. 14 Energy Inflation in Latin America and the Caribbean (IE-LAC)

Energy inflation in Latin America and the Caribbean registered a monthly increase of 0.17% in April 2025, driven by significant rises in 11 countries in the region. However, over the past year, the annual rate decreased to 1.32%, influenced by falling international oil prices. Despite this annual decline, overall inflation shows a slight upward trend, […]
May 2025
Report No. 12 Energy Inflation in Latin America and the Caribbean (IE-LAC)

In February 2025, energy inflation in Latin America and the Caribbean reached 3.16% annually, mainly driven by increases in electricity rates following subsidy reductions in several countries, despite a 5.3% drop in oil prices. This dynamic has caused energy prices to continue rising, affecting both the industrial and residential sectors, even as international oil costs […]
April 2025
Report No. 11 Energy Inflation in Latin America and the Caribbean (IE-LAC)

In January 2025, energy inflation in Latin America and the Caribbean stood at 2.08% annually, remaining below the general inflation rate of 3.93%. This behavior is mainly due to a moderate rise in international oil prices, which drove monthly energy inflation to 0.26%. The region continues to experience lower energy inflation than OECD countries, reflecting […]
December 2024
Report No. 10 Energy Inflation in Latin America and the Caribbean (IE-LAC)

Energy inflation in Latin America and the Caribbean in December 2024 was 1.51%, significantly lower than the region’s overall inflation rate of 4.03%. This moderate growth, lower than that seen in OECD countries (3.82%), highlights the region’s resilience to international price hikes, supported by its renewable energy resources and regulatory measures that have helped control […]
November 2024
Report No. 9 Energy Inflation in Latin America and the Caribbean (IE-LAC)

In November 2024, energy inflation in Latin America and the Caribbean remained low, with a monthly increase of only 0.03% and an annual rate of 0.54%, mainly due to a 2.3% drop in international oil prices. This figure is considerably lower than the region’s overall inflation rate and contrasts with the increase in energy inflation […]
October 2024
Report No. 8 Energy Inflation in Latin America and the Caribbean (IE-LAC)

In October 2024, energy inflation in Latin America and the Caribbean recorded a slight monthly increase of 0.05%, driven mainly by higher prices for oil, electricity, and fuels. The annual rate rose to 1.71%, reversing the downward trend observed since May of that year. Meanwhile, energy inflation in OECD countries remained negative for the third […]
September 2024
Report No. 7 Energy Inflation in Latin America and the Caribbean (IE-LAC)

In September 2024, energy inflation in Latin America and the Caribbean continued its downward trend, with a negative monthly inflation rate of -0.10% and an annual rate of 1.62%, driven mainly by a 6% drop in oil prices compared to August. This contrasts with OECD countries, where energy inflation remains negative and has declined in […]
August 2024
Report No. 6 Energy Inflation in Latin America and the Caribbean (IE-LAC)

In August 2024, energy inflation in Latin America and the Caribbean saw its largest drop of the year, with a monthly rate of 0.2% and an annual rate of 3.36%. This decline is mainly attributed to a 7% drop in oil prices between July and August, positively impacting 12 of the 20 countries analyzed in […]
July 2024
Report No. 5 Energy Inflation in Latin America and the Caribbean (IE-LAC)

In July 2024, energy inflation in Latin America and the Caribbean rose to an annual rate of 4.45%, driven primarily by rising oil prices, which increased from USD 79.77 to USD 81.80 per barrel between June and July. This rise marks a significant increase compared to June, affecting 12 of the 20 countries analyzed in […]