This figure, on the one hand, helps to allay fears of a recession and, on the other, shows that wages continue to grow and that, with them, the prices of products and services will probably continue to do so.
Compared to last month, most of the price increases occurred in the Fuel (75.6%), Gasoline (44%), public gas services (30.5%) and Electricity (15.2%) categories. . The average price of a gallon of gasoline fell about $1 after soaring in recent months to a record $5 at the country’s service stations, due to a combination of higher demand, lower supplies and high oil prices in the United States. world markets.
Meanwhile, the CPI in monthly terms remains flat (+0.2% expected), below the rise of 1.3% in June. For its part, the core CPI in interannual terms rose 5.9% in July (compared to the same figure for the previous month and against the 6.1% expected) and in monthly terms it rose 0.3% (compared to 0 .7% earlier).
Source: Ambito
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