Agro promotes price stability; Cumulative inflation in June is 0.59%

The good agricultural season promotes the stability of the consumer price index (CPI), according to the National Institute of Statistics (INE), which reports that June's cumulative inflation is 0.59. It should reach until the end of the year the 4.5% forecast by the government.

"The inflation in June is 0.12, the accumulated inflation in June is 0.59 .We find very quiet because we believe that the inflation picture reflects a price stability in the country, which is very good, "said the director of INE, Santiago Farjat.

it is located in a positive change of 0.12 (the same as May) due to the increase in prices of soft drinks, tomatoes, cheese, peas and onions. Although there have been negative variations in products such as chicken meat and potatoes.

"Price stability is due to the fact that we have had a very good crop year.In general, price changes are important because there is always a shortage of food and that the price is very high. Importation is necessary. "

The positive change of 0.12% is mainly due to the percentage of positive change in the following cities and agglomerations: Potosí 0,50%, Tarija 0, 48%, Cobija 0.37%, Oruro 0.28%, La Paz Conurbation 0.17%, Trinidad 0.17%, Santa Cruz Agglomeration 0.66% and Kanata Metropolitan Area 0.03%. On the contrary, the city that showed a drop in prices was Sucre 0.23%, informed the INE.

"We have the impression that we are going to be around what was expected in the macroeconomic monetary program that was 4, 5%," Farjat said. (05/07/2018)