Inflation had a slight slowdown in May in the City: it reached 7.5%

2023-06-07T16:32:05.648Z

Highlights: In May, inflation in the City of Buenos Aires reached 7.5% – a slowdown compared to 7.8% in April. In the accumulated of the first five months, prices rose 41.1%. The largest monthly variation occurred in the category of housing, water, electricity, gas and other fuels, with an increase of 12.5%. This is because there was a 10% increase in the regulated price sub-segment.Behind were alcoholic beverages and tobacco, with 8.6% and clothing and footwear, with 7.6%.

Due to increases in utility rates, the regulated prices area rose the most.

In May, inflation in the City of Buenos Aires reached 7.5% – a slowdown compared to 7.8% in April – and reached 114.4% in the last twelve months, according to the Buenos Aires statistics institute. In the accumulated of the first five months, prices rose 41.1%.

The largest monthly variation occurred in the category of housing, water, electricity, gas and other fuels, with an increase of 12.5%. This is because there was a 10% increase in the regulated price sub-segment.

Behind were alcoholic beverages and tobacco, with 8.6% and clothing and footwear, with 7.6%. All these items were above average.

Note in development

Source: clarin

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