Among the price increases that continue to impact the pockets of consumers is transportation.
As of April 1, public transport fares in the Buenos Aires Metropolitan Area (AMBA) will have
an increase of 6.7%.
This is the second application of a new formula for monthly updating of prices that will apply until June and
is adjusted based on the inflation index for Greater Buenos Aires published by INDEC.
This percentage arises because the Ministry of Transport takes as a reference the Consumer Price Index (CPI) corresponding to February -which was 6.6%- to update the increases forecast for April.
With which, the minimum bus ticket in the AMBA, which until March was
$37.10, will go to $39.58 and the train ticket will range between $19.22 and $24.88,
depending on the line.
The updates that are adjusted for the inflation index were made official by the Government at the end of last year.
As provided, this new monthly scheme began to be applied as of March and
will be until December 2023,
taking into account the General Level Consumer Price Index of the Greater Buenos Aires Region surveyed by INDEC, which in February was 6.7%.
Then, the next increases will be set on the basis of the CPI of two previous months.
That is, the transportation rates
in May will be adjusted with the index corresponding to March.