Transportation Cost Index in Chile does not vary in May 2024

Transportation Cost Index in Chile does not vary in May 2024
Transportation Cost Index in Chile does not vary in May 2024

By PortalPortuario Editorial Staff

@PortalPortuario


He National Institute of Statistics (INE) realized that he Transportation Cost Index (ICT) presented a zero monthly variation to one digit in May 2024. In this way, there is an accumulated fluctuation of 1.2% in the fifth month of the year.

It is worth remembering that the ICT for April established a monthly increase of 0.9%, which was mainly explained by the increase in fuel group (2%).

The opposite occurred in May, since the same segment presented a decrease of -1.9%, which had an impact of -0.520 percentage points (pp.) on the monthly variation of the general ICT. What was discussed occurred as a result of the contraction of the diesel product (-1.9%).

While, Financial services registered a monthly variation of -0.7%, with an incidence of -0.044 pp. What was obtained was a consequence of the drop in the credit product (-5%), with -0.033 pp.

For its part, Service related to transport circulation recorded a monthly null to one decimal place, with an incidence of 0.003 pp. In this group, the increase in the circulation permit product stood out (0.6%), which contributed 0.003 pp.

Spare parts and accessories for the operation and maintenance of the vehicle presented a monthly variation of 0.2%, with an incidence of 0.021 pp. The result was influenced by the pneumatic product (0.7%), battery (1.5%) and air filter (0.9%), jointly contributing 0.031 pp.

Vehicle maintenance and repair services recorded a monthly variation of 0.9%, with an incidence of 0.048 pp. Here, the change of engine oil and oil filter (1.2%) and truck alignment (0.9%) stood out, contributing together with 0.031 pp.

Human Resources established a monthly variation of 1.2%, with an incidence of 0.515 pp. Among the products that make up this group, the influence of the labor product stood out (1.2%).


 
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