In the government expect an inflation of about 3.4% for June



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Inflation is one of the biggest problems of the government. While waiting for the official Indec data on the June price increase, Casa Rosada and are processing an updated number .

Earlier this month, President Mauricio Macri received a preview of the report, which indicated that inflation would be 3.2%. However, according to what was said in On Verse the data changed: for technicians of the statistical institute, the price increase will be [19459004between34and36%] Thus, by the end of the year, inflation will be 30% if it remains at these levels ]. It will take until Tuesday to know the official report of the Indec.

In May, the overall level of the consumer price index (CPI) representative of the total number of households in the country varied by 2.1% from the previous month. The indicator has accumulated an increase of 11.9% since the beginning of the year and 26.3% year-over-year .

Health and Transportation, the largest increases

In this line, a survey of a private consultant provided similar data and pointed out that inflation in June was 3.5%. Thus, it climbed in 12 months to 29.5%.

According to his survey, there were services where the monthly inflation recorded increased up to 7.5 points, such as the recreation area; 5%, in health; and Transport and Communications, with 4.3%. It was followed by Food and Beverages, with an increase of 4.1%.

So, with regard to June, the study of the Institute of Workers' Statistics (IET), of the Metropolitan University for Education and Labor (UMET), noted that "51 % of the 327 articles surveyed recorded an increase of more than 3%, while 71% of articles showed increases of more than 1.5%. "

Agreements under revision

One of the first effects of price increases began to appear in early July, after the Ministry of Labor gave the go-ahead to unions and Chambers of Commerce.

One of the first unions that updated their agreement was Comercio, which arranged 10% in three installments, which will add to the previously agreed 15%. Thus, it reached a figure of 25%.

According to union sources estimated at this medium, the additional 10% recomposition horizon will be an objective to be pursued by larger unions such as the UPCN or the UOCRA. Other smaller unions would be looking for the 5% that the national government had authorized by a decree a little less than a month ago. The next unions on the agenda to reopen the wage discussion will be chemists, oil workers, dyers and tobacco.

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