Among the increases recorded by the January price index, which according to INDEC showed a rise of 6%, the item that brought the greatest increases in the month was recreation and culture (9%)mainly for the impact of the increase in tourist services following the holiday season, as explained by the official body.
In terms of the highest monthly increase, it was followed by divisions in importance housing, water, electricity and other fuels (8%). In this case, the increases were largely driven by rising prices utility rates AND communication (8%), due to increases in telephone and internet services.
For their part, food and soft drinks, the item with the greatest weight in the consumer price index, increased by an average of 6.8% in the first month of the year and have not abandoned the month’s inflationary inertia previous. It was also the element that had the greatest impact across all regions. Focusing on this chapter of the index, the increase of seasonal products such as fruit and vegetables. In this case, the round tomato leads the podium of increases with an increase of 64.8%; oranges increased by 48.9%; potatoes 24.7%, delicious apples 31% and lemon 13.2%.
Other basic basket products that were good were: hake fillet (14.2%); cola soda (12.6%), sweet biscuits (8.7%), common flour type 000, (9%). Also noteworthy were the increases in dry wet noodles, which increased by 8.4% in the month.
According to the information collected by the institute, legumes have also increased and, with a lower rise than the previous ones, the increases in bread, cereals, meat and derivatives stand out.
With a monthly rise of 6%, retail inflation was nine-tenths higher than last December’s 5.1% and has accumulated a 98.8% increase over the past 12 months.
Private analysts predict that inflation in the country will be 97.6% in 2023, according to the market study published in early February by the Central Bank.
Source: Clarin
