It was the greatest monthly variation since October 2024. Imported products barely rose 0.5%, within the framework of the exchange rate appreciation.
Wholesale inflation was 1.6% In February. While it remained at limited levels, it was the Second consecutive accelerationthis time promoted fundamentally by the increases in agricultural products generated in the country.
Likewise, the Internal Price Index (IPIM) of INDEC Products of national origin increased 1.7%while lYou imported just advance 0.5%within the framework of the Central Bank policy (BCRA) to validate a monthly adjustment of just 1% in the official dollar.
Among national products, it was the primar products that had the greatest increase, with an average increase of 2.3%. Within this group a 3.9% growth in agricultural products.
Meanwhile, Manufactured products climbed 1.6%. The increases that most influenced this division were those of food and drinks, and refined oil products, both of 2.4%.
In January the IPIM had increased 1.5%. Despite the monthly acceleration, it should also be noted that In the last five months the indicator was below 2%. In interannual terms the increase was 32.7%.
The CPI also accelerated in February
Retail inflation also accelerated in February, from 2.2% to 2.4%according to the official data of INDEC himself. In this case, the largest rise was traction by food variations, particularly in meats, and in education, within the framework of the start of classes.
Thus, In the last 12 months the consumer price index (CPI) grew 66.9%more than double the Ipim. However, it should be clarified that the indices are not comparable, since while the first includes a mostly tradable product basket, the opposite occurs for the latter.
Source: Ambito
