Haiti's annual inflation rate slowed to 17% in August, from 17.5% in July, the lowest level since at least early 2022. But prices rose faster from one month to the next.

Monthly inflation reached 1.6% in August, up from 0.9% in July, after three months of slowdown, mainly because of higher prices at the pump, the news site HaitiLibre reported.

Annual inflation peaked at more than 32% in October 2025. The International Monetary Fund expects Haiti's economy to shrink for an eighth straight year in 2026.

Fuel prices have been rising worldwide since the war with Iran began, and in Haiti, gangs that block roads and attack terminals add to the cost of moving goods.