In February, due to the skyrocketing price of
meat and derivatives (15.2%)
and the new rise in fruit prices (11.3%), average inflation in the City of Buenos Aires was 6%.
Thus, it accumulates 13.7% in the first two months of 2023 and 103.1% in relation to February 2022, according to the Directorate of Statistics and Censuses of the City of Buenos Aires.
With this record, the interannual inflation of Buenos Aires crossed double digits (in January it had been 99.4%) to add 3.7 points in a single month and reach
103.1%
The data from Buenos Aires anticipates that the February price measurement at the national level - which INDEC will announce next week -
should be even higher due to the greater incidence of meat prices and its derivatives in the National Level Index.
If increases in seasonal and regulated products are excluded,
the so-called core inflation in the City averaged a rise of 6.8%.
In January-February, in just 2 months,
the price of meat and derivatives increased 20.8% and fruit 26.5%.
In February, price increases were widespread.
In Food, mainly meat, baked goods, dairy products, and fruits
.
To a lesser extent, the rises in the values of clothing, automobiles, fuel and lubricants for vehicles for household use, medicines, and personal care products stood out.
In Services, mainly due to increases in the values of common housing expenses, in the prices of restaurants, bars and food houses, rents and prepaid medicine fees
.
Also due to increases in the residential tariff for electricity service,
in the values of tourist packages and in the remuneration of domestic service personnel.
According to the Buenos Aires Management Report;
Food and non-alcoholic beverages averaged a 7.7% rise.
Within the division, the main boost came from Meat and derivatives (15.2%).
To a lesser extent, the increases in Bread and cereals (5.7%), Milk, dairy products (6.3%) and Fruits (11.3%) stood out.
In this category,
fruits stand out for accumulating a year-on-year increase of 141%,
followed by oils, butter and fats with 132.9%.
In the case of Restaurants and hotels,
the increase was 5.9%,
as a result of the increases in the prices of food prepared in restaurants, bars and eating houses.
In the case of health, an increase of 6.8% was registered
, mainly impacted by increases in prepaid medicine quotas and, to a lesser extent, adjustments in the values of medicines.
In the recreation and culture category , an increase of 8.7%
was registered
due to the increases in the prices of tourist packages and recreational and sports services.
In relation to February 2022, tourist packages increased by 158.5%.
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