The National Institute of Statistics and Censuses (Indec) will publish inflation rates today of the month of May at the national level. Throughout the day they will also meet official data for Neuquén and Río Negro. To date, indexes of private consulting firms have been published.
From the private sector a decrease in inflation was estimated regarding the Consumer Price Index (CPI) for April, which was 8.8% nationally. The update for the month of May will be published on the official Indec website at 4:00 p.m.
In Neuquén and Río Negro The April CPI had a monthly variation of 8.5% and 9.5% respectively. Regarding the most affected items, the provinces corresponded to the national CPI: the largest increased occurred in essential services, especially in gas. In the case of Neuquén, the second most affected was health with 11.5%.
What items were most affected by inflation and what do the consulting firms say?
The items that saw the greatest variation were electricity, water, gas, housing and fuel with 35.4% and communication services with 14.2%.
Most consulting firms They projected an average of 5% monthly for May. ABECEB defined 5.1%, Libertad y Progreso projected 4.3% and also highlighted the tariff freeze. LCG estimated a monthly variation of 5.5%.
Regarding interest rates, analysts estimate that the Central Bank will not make any changes, even taking into account the slight increase in inflation projected for June. With the last jump of the dollar, they project a 6% variation for the next month.
#Argentina
