The price index of the City of Buenos Aires accelerated again in July for the second consecutive month of the hand of services that advanced 3.3% and seasonal that climbed 9%.
Inflation in the city of Buenos Aires was 2.5% in July and accelerated for the second consecutive monthin this case by the rise of services (+3.3%) and of seasonal (+9%). Thus, the accumulated variation of the year rose to 18.1%, and the interannual was 40.9%.
Within the divisions the one that increased the most headed restaurants and hotels with 5.3%. This happened as a result of “ Increases in housing service rates in hotels for tourist reasons “due to winter holidays and “in food prices in restaurants, bars and food houses.”
For its parthousing, water, electricity, gas and other fuels recorded a rise of 2.3% When impact mainly Updates in values of rental and common expenses for the house. In turn, transport averaged an increase of 3.6%, due to the rise in the prices of air tickets, fuels and groups.
Food and drinks increased 1.8% due to the progress of vegetables, tubers and legumes (+6.9%)meat and derivatives (+1.2%) and bread and cereals (+1.6%). Finally, Recreation and culture 3.6% rose and influenced the rises in the values of tourist packages.
Goods and services: how was the dynamic in July
During the month of July, the estate They registered a rise of 1.2%, below the services that increased 3.3%. In the first case, they pressed the rise in food and Fuels But the fall in the prices of dress He took pressure. Services Instead it was influenced by the rise in the prices of the Hotels and meal accommodations in restaurants For the high season, added to the rise of rental, housing expenses, and tour packages.
So, In the first seven months of the year the goods accumulated a rise of 12.5% and the services of 21.8%. In interannual terms, both groups slowed up to: 26.7% year -on -year. in the case of goods (-2.9 pp with respect to the previous month) and 50.9% in the case of services (-4.4 pp).
Seasonal climbed up to 9% for winter holidays
Seasonal goods and services averaged an increase of 9.0%, mainly due to increases in housing rates in hotels for tourist reasons and vacation packages. In the opposite direction, the falls in clothing contributed to remove pressure from this group.
Source: Ambito
