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Sep CPI rises 0.9% on food gains, inflation eases for first time in a year

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The National Bureau of Statistics (INE) highlighted increases in food and non-alcoholic beverages, equipment and home maintenance, and decreases in transportation. This percentage is in line with market expectations.

In September 2022, consumer price index (IPC) recorded a 0.9% monthly increase and a 10.8% increase so far this year, 12-month variation of 13.7%, As confirmed by the National Institute for Statistics (rice).

It was 9 out of 12 compartments What constitutes the CPI basket What has contributed positive incidence monthly fluctuations of the index and Three had a negative incidence.

between splits with Price increases highlight food and non-alcoholic beverages (2.3%), at 0.488 percentage points.

Facilities and housing maintenance (1.9%) added 0.117 points to this, and transportation (-0.2%) stands out among the sectors that decreased.

The remaining departments that had a positive impact were: 0.323 percentage points overall.

Food Rise in September Consumer Price Index

When it came to food increases, meat was the most important
(2.7%) had a 0.142 point impact, while dairy, cheese and eggs (3.7%) contributed 0.097 points.

Of the 76 products that make up the sector, 59 showed price increases, with tomatoes (16.5%) being the most relevant, INE detailed.

This vegetable was followed by chicken (4.1%) with 0.047pp and other effective products with 0.466 points.

Source: Biobiochile

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