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Inflation in December in the country was 5.1% and 2022 closed with 94.8%

The National Institute of Statistics and Censuses (INDEC) published this Thursday the number of the inflation of the month of December, and as expected, was located above five points. With this 5.1% in the last month of the year, the annual total for 2022 was 5.2 points below triple digits, marking 94.8%.

The number in the increase of the Consumer Price Index (CPI) for December was just two tenths above Novemberbut compared to December 2021, there is a rise in the inflation of 1.3%.

The price of food increased 4.7% in December Source: (Misiones Online).

In the midst of the acceleration in prices that began during the war between Russia and Ukraine, the estimation of a was banished inflation 33% for the whole year.

Then came the crisis that took place in the middle of the year, with the resignation of Martín Guzmán, and the short passage through the portfolio of economy by Silvina Batakis. When Sergio Massa arrived, he placed the new forecasts at 95%.

Martin Guzman, Silvina Batakis and Sergio Massa. Source: (Diario Right).

The cuts that showed the greatest increase in December were restaurants and hotels, with 7.2%, alcoholic beverages and tobacco, 7.1%. In addition, the increase in fruits, mineral waters, vegetables, bread and cereals stood out.

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