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Wholesale prices rose just 3.4% in April, well below inflation

Wholesale prices rose just 3.4% in April, well below inflation

The advance of the wholesale prices It was a consequence of the 3.8% increase in “Domestic products”, while “Imported products” did not register a variation.

Mariano Fuchila

The wholesale prices slowed again in April, to a 3.4%, well below inflation in the same period (8.8%), although it accumulated an increase of 316.5% in the last 12 months, the INDEC reported this Friday.

The advance of the wholesale prices It was a consequence of the 3.8% increase in “Domestic products”, while “Imported products” did not register a variation.

The data anticipates that Inflation continues to slow down, and could show a new decline in May.

On the other hand, andThe general level of the Basic Wholesale Domestic Price Index (IPIB) showed an increase of 2.9% in the same period.

In this case, the variation is explained by the 3.1% increase in “Domestic Products”, partially offset by the 0.2% decrease in “Imported Products”.

In addition, The general level of the Basic Producer Price Index (IPP) registered an increase of 3% in the same periodas a consequence of the 2.7% increase in “Primary Products” and 3.1% in “Manufactured Products and Electrical Energy”.

Source: Ambito

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