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What were the most affected regions? – News from Argentina

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September 13, 2023 – 18:10

The INDEC released the CPI for August, which stood at 12.4%, but there are areas of Argentina that rose above the general index.

Record inflation in 32 years: which regions were most affected?

The August inflation stood at 12.4% and marked a record since February 1991, at the end of hyperinflation, when the Consumer Price Index (CPI) reached 27% monthly. However, there are regions of Argentina in which it rose above the national variation, while in others it was below. What were the most affected areas?

He Northeast was the region with the highest monthly price increase (14.2%), along with the Northwest (13.7%), all above the general index, while below they were Whose and G.B.A. (12.3%), Pampeana (12.2%) and the Patagonia (12.1%).

Which products suffered the greatest increases region by region?

In it Northeast Inflation was driven by increases in commodity prices. medicinal products, devices and health equipment (19.9%), followed by food (18%).

In it Northwest A similar phenomenon occurred in reverse food increased 18.6% and medicinal products, devices and health equipment 16%.

In G.B.A. the inflation of medicinal products, devices and health equipment stood at 20.3%, followed by food which climbed to 16.3%. In Cuyo the prices of grocery products rose 16.5% and Restaurants and meals outside the home 15%.

For its part, in the region Pampeana The increases in medicinal products, devices and health equipment (16.9%), followed by food (16.1%). Meanwhile in Patagonia health raised its prices 17.4%, but the increase in newspapers, journals, magazines, books and stationerywhich rose 17.1%.

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