The reduction in the basket of public services is explained by a lower level of gas consumption which, in turn, compensates for the increase in tariff schedules and higher electricity consumption.
A household spends $134,173 during November to cover your energy, transportation and drinking water needsaccording to the report of Observatory of rates and subsidies IIEP (UBA-CONICET). This spending decreased 0.2% compared to the previous month, but slowed for the third month in a row. The basket of public services already represents 50% of the living and mobile minimum wagewhich is located in $271,571.22.
The reduction of the basket of public services It is explained by a lower level of gas consumption which, in turn, compensates for the increase in tariff schedules and higher electricity consumption.
Utility basket: why is it slowing down?
The spending on public services It remains very similar to the previous month with a slight decrease of 0.2% monthly. This reduction in spending on public services compared to October is explained by:
- Lower gas consumption that are significantly reduced while the tariff schedule is slightly modified (increased 3.5% the fixed charge and 2.7% the variable charge).
- Due to increase in electricity tariff tables (6% in the fixed position and 2.8% in the variable) in conjunction with increases in the quantities consumed at the beginning of summer.
- Due to increases in water rate tables.
In summary, the 0.2% monthly reduction in the basket of services is explained by a drop in 18.5% in natural gas spending and a increase in electrical energy and of the water of the 10.3% and 4%, respectively.
Subsidies fell 37% in real terms in the first ten months of the year
The main economic subsidies to water, energy and transportation in October they had a accumulated annual growth of 129% compared to the same period of the previous year. Therefore, Its real variation shows a real drop of 37%.
The drop in subsidies is explained by the real reduction in transport (42% annually), in energy (35% aa) and in water (58%). CAMMESA and ENARSA explain 12 percentage points each of the 37 totals, explains .
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Since the increase in budget credit, in July, In the ten months of the year, 82% of the current credit was executed for the main selected items.
Energy subsidies represent 79% of total subsidies and increased 138% nominal annual, while reducing 35% real in the first ten months of the year.
Source: Ambito
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