Thursday, October 14, 2021 | 16: 11hs.
The consumer price index (CPI-Cost of Living) registered an increase of 3.5% in September, one percentage point more than the 2.5% registered last August, the National Institute of Statistics and Censuses (Indec) reported today.
– INDEC Argentina (@INDECArgentina) October 14, 2021
With this rise, retail inflation in the first nine months of the year accumulated an increase of 37% and in the last 12 months an advance of 52.5%.
The latest Indec survey, which was released two days after the PASO, showed that the retail price index fell for the fifth consecutive month in August: it rose 2.5% compared to the previous month, the lowest level so far this year .
The number reported this Thursday exceeds the forecasts of economists, who expected inflation in September to be below 3%, resuming the upward trend, given that the expected increases in prepaid medicine (monthly installments of 9%) and in the expenses, by the increase of the managers.
“The division with the highest increase in the month was Clothing and footwear (6.0%), followed by Alcoholic beverages and tobacco (5.9%), where the rise in cigarettes was mainly affected. Health (4.3%) , driven largely by the rise in Prepaid Expenses, was the third division with the highest increase of the month “, details the report released this Thursday.
And he adds: “The increase in the Food and non-alcoholic beverages division (2.9%) was the one with the highest incidence in all regions. The increase was mainly explained by the increase in Fruits; Vegetables, tubers and legumes; Sugar, sweets , chocolate, sweets, etc .; Coffee, tea, yerba and cocoa; and Milk, dairy products and eggs “.