The annual variation of the consumer price index of the city of Huancayo, from January to December 2024, reached 2.44% according to figures from the INEI Junín. In this regard, the head of Economic Studies at Banco Central de Reserva Huancayo branch, Francisco Callupe, stated that these figures show the results of monetary stability, which implies that the value of money remains stable unlike what happens in other countries. .
“The idea is to control inflation, since when it increases, the most affected are the social groups with fewer economic resources,” he said. While the CPI in Huancayo reaches 2.44%, in Metropolitan Lima it is at 1.97% and in the
Peru reaches 1.90%, which is in the range expected by the Central Reserve Bank of Peru, which has a goal of 2%; that is, in the range between 1 percent and 3 percent,” he said.
detail. The annual variation of the Consumer Price Index of the city of Huancayo from January to December 2024 reached 2.44%, reported the departmental director of the INEI Junín, Jhon Zumaeta Delgado. In December the CPI observed an increase of 0.08%. The annual result was determined by the increase in prices observed in the consumption divisions: accommodation, water, electricity, gas and other fuels (8.88%), he said.
In education (4.22%), clothing and footwear (2.79%), restaurants and hotels (2.72%), various goods and services (1.95%), alcoholic beverages, tobacco and narcotics (1 .87%), health (1.67%), food and non-alcoholic beverages (1.29%), transportation (1.19%), recreation and culture (1.10%), furniture, household items (0.62%) and communications (0.10%).
The annual increase in prices in Accommodation, Water, Electricity, Gas and Other Fuels was mainly due to the higher prices observed in bottled domestic gas 21.4%, rental of a room in a tenement house 17.5%, rental of an independent house 14.4% , residential drinking water consumption 4.6%, municipal taxes (residential) 2.9%, residential electricity consumption 2.1% and painting 0.2.
According to the National Institute of Statistics and Informatics in Junín, the products that increased the most in price in Huancayo in the month of December 2024 are green peas, celery, olluco, cilantro, mandarin, raisins, passion fruit. In addition, interprovincial bus fares, interprovincial bus fares and purple sweet potato fares increased.
The products that dropped the most in price are white potatoes, mango, Criollo/Serrano corn, lettuce, Chinese onion, blueberries, lemon, yellow pepper, tomato and kion.
The economist Fernando Callupe mentioned that in 2023, the performance of the economy decreased by 0.6% but this year despite everything the situation improved. And this is expected to be reflected in the GDP growth of the country’s economic activity, which is expected to reach 3%, according to the projections of the Central Reserve Bank of Peru.
Callupe also referred to the issue of political instability that has a direct impact on the economy and especially on investments, because when there is distrust in investors and businessmen there is not much investment, which has a direct impact on the lack of employment that translates into lower income.
He mentioned that those that generate the most employment are the private and public sectors.
He indicated that when works are paralyzed in the public sector there is no employment, workers do not receive income and when there is no income there is no spending capacity. That is why he called for efficiency in the execution of public works, including those carried out by private companies.
As the year 2025 is a pre-election year, the great challenge is to overcome political instability. Francisco Callupe mentioned that when Pedro Castillo was elected, the dollar exchange rate rose to 4.10 and 4.11 soles, because there was distrust. In addition, there was capital flight in the country. This situation will be reflected again, which is why it is expected that citizens will elect a president who generates confidence among investors. “For this reason we ask that people be spoken not with a political bias but with a technical bias, that is, what to do and what type of government is best for us, what to do and what not to do,” he exclaimed.
