In the accumulated 4 weeks, the price increase continues in the 8% area.
It should be remembered that in the second week of October, retail prices would have also experienced an increase of 2.2%.
Argentine News
According to the weekly survey carried out by the Government on weekly inflation, The so-called Rubinstein Index showed that in the week from 10/16 to 10/22, retail prices rose 2.2%.
“In the accumulated 4 weeks, the price increase continues in the 8% area,” wrote the Secretary of Economic Policy on his Twitter account.
In the report, the increases higher than the average (2.2%) stand out, the embarrassing ones in Vegetables (6%), Meats (3.3%); and clothing. Likewise, Store Food and Beverages (1.9%) and Fruits (1.6%) rose below the average. The document highlights that the regulated items remain stable in that period of time analyzed.
It is worth remembering that in the second week of October, retail prices they would have also experienced an increase of 2.2%. At that time, the Ministry of Economy official emphasized that in the last four weeks There has been a price increase of approximately 8%, a percentage that remains the same for the month ending next Tuesday.
“The weekly increase of 2.2% occurred in an important context of pre-election uncertainty, characterized by increases in the value of financial dollars and concern among many producers, merchants and consumers. We hope that, in a calmer environment, next week may show slightly more limited price increases,” the report maintains.
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According to the graph, after the August peaks of the order of 15% (again, in the accumulated of 4 weeks), the increases of the last 4 weeks “have decreased, and in the record of the 4 weeks prices are 22/10, “The increases have been 8.4%.”
Source: Ambito
