Honduras’ CPI increased by 1.15% in February, mainly driven by a rise in school costs and transportation prices. Still, prices have been moderated by the subsidies for regular gasoline and diesel for five consecutive weeks. The annual inflation stood at 4.75%, remaining within the tolerance range established by the monetary authority (4.00% ± 1.0 pp). The fuel and electricity subsidy measures have reduced interannual inflation by approximately 0.47 pp (5.22% YoY inflation without subsidies).