Wholesale prices accelerated in June but were in line with retail inflation

Wholesale prices accelerated in June but were in line with retail inflation

The wholesale internal price index (IPIM) registered a 1.6% increase in June, a consequence of the 1.7% rise in “national products” and 1.3% in “imported products.”

Reuters

After having marked a deflation in Maythe wholesale prices They returned to speed up (+1.6%) in June, although they remained In line with inflation of that monthaccording to the report of the National Institute of Statistics and Census (INDEC).

Within the disaggregated, it was pointed out that there was A 1.7% rise in national products and of 1.3% in imported products. Among the first, the divisions with the highest incidence in the IPIM were tobacco (0.21%), crude oil and gas ”(0.20%), food and drinks (0.18%), refined oil products (0.17%) and motor vehicles, bodywork and spare parts (0.16%).

On the other hand, the general level of Wholesale Basic Internal Price Index (IPIB) It showed a 1.5% rise in the same period. In this case, it is explained by the 1.5% rise in the national products and 1.3% in the Imported products.

Also, the general level of Basic Price Price Index (IPP) registered an increase of 1.5% in the same period, as a consequence of the 1.5% rise in the primary products and 1.5% in manufactured products and electricity.

News in development.-

Source: Ambito

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