Inflation in the City of Buenos Aires reached 14.1% during the month of February, reported the General Directorate of Statistics and Censuses of Buenos Aires. Furthermore, the City’s CPI accumulates an increase of 38.9% in the first two months of the year, while the year-on-year trajectory It stood at 264.5%.
In the second month of the year, the Consumer Price Index (CPI) measured by the General Directorate of Statistics and Censuses of Buenos Aires reflected a drop of more than seven percentage points over the January record (when it had reached 21.7%). .
In February, Food and non-alcoholic beverages, which is the item with the greatest weight within the CPI, had an increase of 14.7%, slightly above the general index: this category represented 3.05 percentage points of the 14.1% of inflation of the month.
INFLATION CABA FEBRUARY 24.jpg
Inflation so far this year has risen almost 39%.
Furthermore, food in the City of Buenos Aires They increased by 43% in the first two months and 329.3% year-on-year, in this case, well above inflation.
Inflation in CABA: what rose the most in February
According to the Buenos Aires Governmentinsurance and financial services was the item that became most expensive in February, with 30%; In the two-month period, it accumulates 61.4%.
For its part, Health increased 21.1% in February, 57.8% in the first two months and 269.5% year-on-year.
Transportation registered an increase of 21% in the second month of the year, driven by the adjustment in fuel and urban bus tickets.
“The falls in air ticket prices contributed to slowing the division’s rise”, explained the official report. In this area, the cumulative figure for the two-month period was 61.8% and for the last 12 months, 315.1%.
Other items that boosted inflation in February They were alcoholic beverages and tobacco (21.3% in the month and 267.1% year-on-year) and information and communication (19.4% in February and 255% year-on-year).
The report also pointed out that goods rose 13.3% in February and 313.7% year-on-year, while services rose 14.8% in the month and 230.2% year-on-year.
Source: Ambito