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They shot up 54% monthly in December after the devaluation

They shot up 54% monthly in December after the devaluation

The strong increase in wholesale prices is explained by the increase of 51.1% in “Domestic Products” and 80.6% in “Imported Products”, according to INDEC.

Strong rise in wholesale prices in December.

Mariano Fuchila

The wholesale prices They flew 54% in December compared to the previous month, according to the National Institute of Statistics and Censuses (INDEC). This occurred after the peso devaluation which was in the same order as monthly wholesale inflation.

Throughout 2023, wholesale prices shot up 276.4%remaining 65 percentage points above the inflation general, which closed in 211.4% last year.

News in development…

Source: Ambito

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