An UBA report indicated that electricity was what raised the most with respect to June. However, the transport had the largest annual rise and the water was the one with the greatest subsidy cut.
The rates increased 5.4% in July, in the AMBA.
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The public services basket in the Metropolitan Area of Buenos Aires (AMBA) presented an increase of 5.4% in July. In this way, rates They represented 13.1% of the average salary estimated for formal workers.
This was reflected by a report from the Interdisciplinary Institute of Political Economics (Iiep) from the University of Buenos Aires (UBA). According to the survey, carried out by its tariff and subsidy observatory, an average home needed $ 193,329 to meet your needs of energy, water and transport.
The monthly increase was generated both by increases in the tariff tables of all services and by seasonal factors linked to the arrival of winter. In percentage terms, What raised the most was electrical energy (+8.2%)followed by transport (+4.9%), water (4.4%) and natural gas (+4%).
Rates and inflation, a career that tends to convergence
The numbers reflect that the rates rose quite above the expected general inflation for the seventh month of the year, based on the survey of market expectations (REM) of the Central Bank (BCRA). However, In interannual terms similar variations are observed; While the services climbed 40% versus July 2024, the Consumer Price Index (CPI) would have done it in 36%.
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Particularly It highlights the dynamics of transport, which contributed more than half of the year -on -year inflation of services and represents 36% of families’ expense In this segment. Even so, the subsidy cuts in this area were lower than those that presented energy and water.
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The IIEP report said In July, the rates came to cover 50% of business costsleaving the remaining 50% in charge of the national state. In the last year, the government carried out a Real cutting of 57% in subsidies.
Likewise, the work marked that, when contemplating only electricity and gas services, the average invoice has a weight of 4.7% about the money that enters lower income users. The weight on the average sectors is 2.8%, while for the wealthiest it is 3.3%.
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Source: Ambito
