Inflation of Argentina increased 4.1 % in April

This indicator is given after comparing the results of the previous month, as indicated by the National Institute of Statistics and Censuses (Indec)

Inflation in Argentina during the month of April advanced by 4.1 % compared to the previous month, which represents a deceleration of 0.7 points compared to the March data, as published this Thursday by the National Institute of Statistics and Censuses (Indec).

In the accumulated period of 2021, Argentine inflation stands at 17.6 %, while in the accumulated 12-month period it stands at 46.3 %, the highest level since at least May 2020.

The divisions with the highest price increases were clothing and footwear (6 %) and transportation (5.7 %). In the latter, increases were observed in the purchase of vehicles, fuel and taxi, which were partially offset by the reduction in prices for air tickets.

The food and non-alcoholic beverages division registered an increase of 4.3 %, mainly influenced by the rise in the prices of milk, dairy products and eggs, oils, coffee or tea.

On its side, the activity of home equipment and maintenance increased its prices by 4.3 %, while that of housing, water, electricity, gas and other fuels did so by 3.5 %. For its part, inflation in medicinal products and sanitary equipment explained most of the increase in the health division (3.7 %).

The education (2.5 %), recreation and culture (1.5 %) and communication (0.5 %) sectors were those with the least variation in April, both at the national level and in most regions of the country.

K. Tovar

Source: dpa

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