According to Ite, June inflation reached 4%

According to the Institute of Labor and Economy of the Abdala German Foundation, the Price Survey Index recorded in June an increase of 4.0% per month.

This is the largest increase since February 2016. In annual terms, growth is 29.6%. The increase in the overall level was driven by health and transportation and communications (with adjustments of 5.5% per month), although almost all items showed a significant increase.

Underlying inflation, which eliminates regulated and seasonal prices, was higher and reached 4.1% per month, the highest since December 2015 and compared to June 2017 recorded a growth of 26 , 1%.

The paper concluded that "for the month of August, it is expected that the General prices continue to increase at a high rate, because of the impact of the rate hike foreign exchange and the rise of regulated goods and services as fuels. "

The report warns that consumption, which has been affected by First Half, continue on this path for the rest of the year," in line with the decline in the power to purchase wages. "

Various consultants and badysts have calculated that the dollar trigger will have an impact on price increases. bone. Inflation projections for June reach 4%, which would show an accumulation of 15.9% for the first half of the year.

On Tuesday, the Central Bank released its Market Expectations Survey (MER), where private badysts calculated in June that inflation would reach 30.1% this year, versus 27.4% versus at the May estimate.

As prices continue to rise, the power to buy wages plummets

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