Tridge summary
The National Institute of Statistics and Censuses (INDEC) of Argentina reported a general inflation of 3.2% in June, adding up to 25.3% for the year. The report highlighted that the cost of communication and alcoholic beverages and tobacco have risen the most. The category of food and non-alcoholic beverages, a concern for the government, experienced a 3.2% increase, but not all food groups rose at the same rate. Prices for meat, dairy, bread, oils, and coffee saw significant hikes, while fruits and vegetables became cheaper in most regions. The most significant price increases were observed in specific areas like Cuyo for meat, Greater Buenos Aires for dairy, and the Northwest for oils and fats, while the largest decreases were in Cuyo for fruits and in most regions for vegetables, tubers, and legumes.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.
Original content
The National Institute of Statistics and Censuses (INDEC) released the results of the Consumer Price Index (CPI) corresponding to June of this year, which marked a general inflation of 3.2% and accumulates so far this year a 25.3%. Of the seven items that were above general inflation, those that increased the most were "Communication" with 7% and "Alcoholic beverages and tobacco" with 5.5%. Regarding "Food and non-alcoholic beverages", one of the items that most worries the National Government and that accumulates an increase of 26.4% in the year, in June it was matched with general inflation at 3.2%, with some products that were well above this number. The highest price increase was registered in Meat and derivatives; Milk, dairy products, and eggs; Bread and cereals; Oils, fats and lard; and Coffee, tea, herb and cocoa. The reason why the item remained at 3.2% is because these increases were partially offset by decreases in Fruits, and in Vegetables, tubers and legumes in most ...
Source: ARInfocampo
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