In parallel, the highest jump was verified in Clothing (12.5%), another item that has been showing increases above the average. The podium with the highest increases was completed by Education (7.2%).
The only divisions that showed price increases below 3% per month were Leisure (2.8%) and Miscellaneous Goods (1.7%).
According to data from Ferreres, Core inflation, which does not include prices regulated by the Government or seasonal factors, reached 6.7%. The Seasonal and Regulated price categories had an advance of 7.8% and 4.3%, respectively.
In annual terms, inflation measured by the consultant reached 52.5% and the Core at 54.5%. Likewise, in the first quarter of 2022, both indicators grew by more than 20%.
It is worth remembering that official inflation, which is measured by INDEC, has just accelerated to 6.7% in March, its highest monthly mark in 20 years. Also, in the first quarter, prices shot up 16%, a record since 1991.
The acceleration was due both to international factors, linked to the escalation in the value of commodities as a result of the war in Ukraine, and to local issues fundamentally linked to the adjustment of prices regulated by the Government and to macroeconomic instability.
In year-on-year terms, prices increased 55.1%, the highest number since June 2019. The financial entities and consultants that participated in the March REM projected a price increase of 59.2% for all of 2022. However, the economists warn the number could fall short; if monthly inflation “stabilizes” at an average of 4%, year-on-year inflation would result in close to 65%.
Source: Ambito
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