The expectations for the consumer price index (CPI) for the month of June are fulfilled in an inflationary context that has pushed up prices in recent weeks, with many factors at play, such as fuel shortages, rural protests, the closure of imports, among others.
The Indec (National Institute of Statistics and Censuses) published this afternoon the inflation data for the sixth month of the year: 5.3% compared to the month of May, and 64% year-on-year. So far this year, the rate is 36.2%.
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The detail of the report indicates that “The division with higher increase in the month it was Health (7.4%), which was influenced by the increase in the share of prepaid medicine and medicinal products. They followed Housing, water, electricity and other fuels (6.8%) – due to the incidence of the increase in electricity and gas rates, and of the parity of building managers in housing expenses-, and Alcoholic beverages and tobacco (6.7%) -together with the increase in drinks, the drag left by the rise in cigarettes in May stood out-“.
Coverage of the most basic needs was once again negatively affected: “The rise in Food and non-alcoholic beverages (4.6%) It was the one that had the highest incidence in all the regions of the country. Within the division, the increase in Vegetables, tubers and legumes, although the increase in Meat and derivatives was what had the most impact in most regions“. This category goes hand in hand with the rise in the Seasonal category (6.6%).
For their part, the two divisions with the smallest increase in the month were Communication (0.4%) and Education (2.0%).