According to the work, food and beverages climbed 6.5% in December driven by vegetables (11%) and bread and cereals (8.1%).
“It is important to continue advancing along a path, which should also have as a reflection of these results, the recovery of the salary purchasing capacity of both workers registered from parity, as well as informal workers,” said Trotta.
The report explains that “The slowdown coincides with the implementation of price agreement programs, which seek to reduce inflationary inertia. In this way, 2022 ended with a price rise of 95.0%. It is the highest figure since 1991.”
“Below the general level, Education rose 5.1%, Communications 4.8%, Recreation and culture 4.8%, Health 4.6% and Transportation 4.2%. Only Clothing and Footwear (3.2%) and Housing (2.9%) registered increases of less than 4%. In the latter case, it was due to the fact that there were no rate increases in the month of December,” the report warned.
Source: Ambito

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