Today: October 24, 2024
December 6, 2022
1 min read

Slight drop in prices in November and annualized inflation stood at 8.46%

Slight drop in prices in November and annualized inflation stood at 8.46%

Prices showed a minimal retraction in November and the iInflation once again moved away from the 10% threshold whom he had approached in September.

The Statistics National Institute (INE) reported this Monday that the Consumer price index (CPI) for November had a decrease of 0.28%. With this percentage, inflation was 8.57% so far this year and 8.46% in the last 12 months.

Annualized inflation remains more than two points above the target range (3% to 6%) that has been in force since last September.

The highest monthly decrease was verified in the heading transportation with a negative variation of 1.13%, followed by food and non-alcoholic beverages with 0.71%.

In the first case, the decrease in car prices stood out (3.34%), mainly explained by the drop in the exchange rate and in plane tickets.

In the second, he highlighted price reductions in meat and derived products with 1.17%. The greatest decreases were observed in sheep meat (8.7%), needle (8.39%) and shoulder (7.2%).

In fruits, the greatest falls occurred in peaches with 19.6% and strawberries with 16.4%.

In vegetables, the highest retractions were in tomatoes with 44.2%, pumpkin with 20.2% and bell peppers with 19%.

Source link

Latest Posts

They celebrated "Buenos Aires Coffee Day" with a tour of historic bars - Télam
Cum at clita latine. Tation nominavi quo id. An est possit adipiscing, error tation qualisque vel te.

Categories

Cabello: we are waiting for the Venezuelans' money to be released
Previous Story

Cabello: we are waiting for the Venezuelans’ money to be released

En tercer día consecutivo no se registran muertes por delincuencia según la Policía Nacional
Next Story

On the third consecutive day there are no deaths from crime according to the National Police

Latest from Blog

Go toTop