Regarding the main items that contribute to the index prepared by Ferreres, Education led the increases in December, with a rise of 6.2% per month.
While, Transport and communications advanced 5.6% monthly, while Miscellaneous goods grew 4.9%.
Regarding regulated goods and services, these registered a variation of 4.6% per month, while the seasonal ones increased 0.6% per month.
For another consulting firm, Focus Market, headline inflation for December also starts at 3.8%.
In the case of Clothing and Footwear, Housing and Education, they are above the general indicator, exceeding 4% monthly inflation in both cases.
In December, inflation ended the year exceeding October, which had been 3.5%, estimated Focus Market.
The director of that consultancy, Damian Di Pace, explained that although retail sales grew year-on-year, “the price variation did not subside in December, as it was accompanied by the month with the highest issuance of pesos by the Central Bank” .
“This action will be reflected in the coming months in the variation of prices and quotation of parallel dollars, where Argentines seek to take refuge with the pesos that lose value.r “, estimated the manager.
This consultancy selected 682 products of different brands and presentations for the purpose of evaluating the price evolution of December 2020 and the same month of 2021.
INDEC plans to release the inflation index for last December on Thursday 13th of this month.
Source From: Ambito
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