Pending the official index, they warn that inflation hit 30% in June

Inflation in June was 29.5%, according to the UMET survey. The month of June saw the highest inflation in two years: it reached 3.5%. In May 2016, it had reached 3.7%

In December of last year, the government claimed that its inflation target for 2018 would be 15%. However, prices rose to 16.1% from December 2017 to June 2018, exceeding the goal of the executive.

One fact that shows the deterioration of real wages is that between November 2015 and June 2018, the loss was 9.1%. In 2016, the salary fell by 5%; he had a partial recovery of 3 points in 2017, but in June 2018, the annual loss is 4%.

The rate in utilities and the cost of food (which in some product registers exceeds 35% from year to year) has had an even worse effect on low-income sectors. In the lowest income deciles, annual inflation has significantly exceeded 30 points, recording peaks of 31.8%.

In line with inflation that affects more or less, the EIT has shown that since November 2015 to date, the difference in inflation between the wealthiest income deciles and the the lowest was 27.5%, affecting sectors with fewer resources.

There are services where monthly inflation records up to 7, 5 points, such as the recreation area; 5% in health; Transportation and communications (4.3%). Food and beverages recorded an increase of 4.1%. However, there are items where the rise has climbed up to 8%, such as vegetables (8.3%) or oils and fats (7.9%). Non-alcoholic beverages reached 6.1%

In June, 51% of 327 items recorded increases of more than 3%; while 71% of verified items increase above 1.5%. A number such as this one has not been recorded since February 2016.

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