Inflation accelerated to 7.1% during March in the City of Buenos Aires, driven by the rise in education and food, and thus registered an interannual variation of 105.5%, as reported by the Secretariat of Statistics and Censuses of the Ministry of Finance.
After 7.3% in January and 6% in February, the Consumer Price Index of the City of Buenos Aires (IPCBA) thus accumulated a increase of 21.8% in the first quarter of the year.
The outstanding note among the components of the Consumer Price Index was given by the education category, which, Due to the seasonal effect of the beginning of the school year, it registered an increase of 23.2% and contributed 0.97 percentage points to the general level.
The National Institute of Statistics and Censuses (Indec) will inform the friday july 14 the national consumer price index for March.
In CABA, six items explained 77.5% of the increase in the general level registered in March: Food and non-alcoholic beverages; Housing, water, electricity, gas and other fuels; Education; Transport; Health and Clothing and footwear.
Food and non-alcoholic beverages, the item with the highest weighting, averaged a rise of 9.1%, contributing 1.62 percentage points to the global monthly variation.
In this area, the main impulse came from Meats and derivatives (12.6%), Milk, dairy products and eggs (10.1%), Bread and cereals (6.3%), Vegetables, tubers and legumes (11.2%) and Fruits (10.9 %).
Clothing and footwear averaged an increase of 10.1% and had an impact of 0.57 point, as a result of the seasonal behavior of the division.
Housing, water, electricity, gas and other fuels increased 6.3% and had an impact of 1.12 points on the general index, mainly impacted by the increases in rental prices, followed in order of importance, by the adjustments in the values of common housing expenses, the increases in the residential rate of the water supply service and natural gas network.
For its part, the Education category averaged an increase of 23.2% and had an impact of 0.97 pointas a result of the increases in the fees of the educational establishments with the beginning of the school period.
Transport registered a rise of 6.3% and had an impact of 0.63 point, due to the update in car prices and in the taxi fares, which came into force on March 11, followed by the increases in the values of fuels and lubricants for passenger vehicles. home use.
Health increased 6.9%, with an incidence of 0.59 percentage points, due to adjustments in prepaid medicine quotas and, to a lesser extent, increases in the prices of medicines.
Source: Ambito
