Indec: inflation of 1.1% in September – Diario de Cuyo

14/10/2016 RISE OF 4.9% IN CLOTHING

Higher. Jorge Todesca (center), owner of the National Institute of Statistics and Censuses (Indec), which yesterday published the inflation of last September, higher than August.

The Consumer Price Index (IPC) registered in September a rise of 1.1 percent compared to last August, supported by the growth of items such as food and beverages, and clothing, said yesterday the National Institute of Statistics and Censuses (Indec).

according to the report published yesterday afternoon by the statistical agency, the general level of prices increased 1.1 percent, marking a rebound compared to 0.2 percent in August, the month that had represented the lowest rise since the end of 2004.

The index of chapters with respect to the previous month revealed that the areas of greatest growth in September were clothing 4.9 per cent, food and beverages 2.3 percent and leisure 1.9 per cent. In both acceleration under also up equipment and maintenance of household by 0.4 percent, medical care and health expenses 1.1 percent, transport and communications 0.8 percent and education, 0.3 percent.

The only item that was in the floor was housing and basic services, with 5.3 percent, in September was seen again reflected in the judgement of the Supreme Court of Justice of 18 August, in which it declared the nullity of the frames rate of the gas to residential users announced on the 1st of April. The results of the CPI of September also affected partially by this change frame rate, ratified the Indec in its report yesterday.

The 1.1 per cent September, released by the Indec contrasts with 0.8 percent of the average of consultants represented by deputies opponents, with 1.76 percent of the Cordoba and 0.7 percent of Mendoza, but it’s getting close to 1.3 per cent of the City of Buenos Aires and to 1.4 per cent of the Metropolitan University for Education and Work (UMET).

Away from some statements by government officials on a resolution of the problem of inflation, the return of the Indec shows that the so-called 'inflation core', which does not take into account the variations of regulated prices (such as the fees of public services) and of seasonal products, rose last month to 1.5 per cent. Official data show that the so-called 'regulated prices' had a low of 1.4 per cent, but that the prices of products or services stations in September rose 4.1 percent.

Between the prices that most went up stands out the squash type, anco, which went from 22,23 pesos / kilo in August to 29,80 in September, an increase of 34.1 per cent. The tomato round, in August that cost 26,68 pesos a kilo, he went on to assert last month 31,18 per cent, which implied an increase of 16.9 percent. The lemon went from 17,46 to 20,11, with a rise of 15.2 percent. Télam and DyN

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