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Tuesday, March 28, 2023

Accumulated inflation in Uruguay is only surpassed by that of Argentina, Venezuela and Colombia in the region

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The accumulated inflation of the first two months of 2023 in Uruguay is from 2.57%, product of a price increase 0.55% in January and of the 1% in February. Thus, this variable is positioned as the highest in the region after Argentina, Venezuela and Colombia.

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In case of Venezuela stands out far above the rest. The Caribbean country registered 20.2% last month, according to the Venezuelan Finance Observatory (OVF), which, added to the January index, gives an accumulated 67.7%.

In the case of Argentina, The National Institute of Statistics and Censuses (Indec) reported 6.6% in February, which means an accumulated variation of the 13.1%.

He Colombian case It is closer to the Uruguayan. Between the first two months of this year, that country accumulates an inflationary increase of 3.5%, barely 0.93 percentage points above what was published by the National Statistics Institute (INE).

All Latin American countries that have less inflation than Uruguay

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In the list, behind Uruguay, follows Paraguayan, which had a general price increase of 0.5% in February and a cumulative increase of 1.7%

Brazil, in the second month of the administration of the new government of Lula Da Silva, it had 0.8%, which was added to an accumulated 1.4%

Further north, outside of South America, Mexico registered 0.6% in February and a 1.2% between the two months.

Chili, for its part, it was one of the few countries in the world that experienced deflation (-0.1%). Meanwhile, the balance of its first two months of the year results in 0.7% 0.3% in February in Peru paid to an accumulated 0.5%

Ecuador has been showing good rates: 0.02% in February and a 0.1% since the beginning of this year. bolivian, for its part, it also had a deflation of 0.4%, with which, its balance in 2023 has also been negative, in this case of 0.1%

Source: Ambito

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