Bolivia: Accumulated inflation to March reached a rate of 0.51%

Published 2021년 4월 7일

Tridge summary

In March, the Consumer Price Index (CPI) in this country saw a slight decrease of 0.12% from February, despite a small overall positive increase of 0.51% since January. This fluctuation is largely attributed to changes in the education and clothing sectors, with prices falling in the former and rising in the latter, as well as in other areas like furniture, household goods, housing, alcoholic beverages, and tobacco. The cumulative price increase is driven by the cost of education, food, and certain goods and services, aligning with the government's projected inflation rate of 2.6% for the year. Price movements in various cities and the impact on specific products like chicken meat, education, and transportation were also highlighted.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Page Seven / La Paz In March of this year, the Consumer Price Index (CPI) registered a negative variation of 0.12% compared to February. While the accumulated variation was positive at 0.51%, according to the statistical bulletin of the National Institute of Statistics (INE). The variation of -0.12% registered last March is mainly explained by the decrease in prices in the education and clothing and footwear divisions, according to the INE. While the prices of furniture, household goods and services, housing and basic services, alcoholic beverages and tobacco increased. According to the INE, the accumulated positive variation of 0.51% in three months was due to the increase in the prices of products: education 7.10%; food and non-alcoholic beverages 1.04%; furniture, goods and domestic services 0.50%. The Government projects an inflation of 2.6% for this year. The accumulated positive variation of 0.51% from January to March 2021 is also explained by the variations registered in ...

Source: Paginasiete