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Argentina

Inflation - November 2002

 
Indicator: Consumer Price Index (CPI)
Source: Instituto Nacional de Estadísticas y Censos (INDEC)
Release data: 4 December
Period covered: November 2002
Current reading: +40.6% annual, +0.51% monthly
Previous reading: +39.4% annual, +0.22% monthly
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The numbers in detail

 

The Instituto Nacional de Estadísticas y Censos reports that:

The the general level of the Consumer Price Index (CPI) for the Federal Capital (Greater Buenos Aires) registered a 0.51% increase over the previous month and a 40.7% increase compared to December 2001.  When compared to the same month last year the index experienced a 40.6% increase. 

The following is a summary of the price variations for each category in the basket for the IPC-GBA can be observed in Table 1.
 

Table 1.
Consumer Price Index GBA. base 1999=100
Index and variations compared to prior month and December 2001.  By Category.
Variation in

Percent

General Level and Categories

Over

Over

Prior Month Dec. 2001
   
General Level 0.5 40.7
  Food and Beverages 1.0 57.0
  Indumentaria 0.7 59.6
  Housing and Basic Services -0.1 13.3
  Household Goods and Services 1.1 53.7
  Medicine and Health -0.5 28.7
  Transport and Comunications 0.4 32.1
  Recreation 0.1 51.6
  Education 0.1 6.9

  Other Goods and Services

0.5 39.9

Goods prices, which represent 53% of the basket, experienced a 0.7% monthly variation, while service prices, which account for the balance, experienced a 0.2% monthly increase.  When compared to the same month last year goods and services prices rose 68.5% and 10.7% respectively.



More detailed information available at the National Statistical Institute (INDEC, Instituto Nacional de Estadísticas y Censos)
 

 

 

Forecasts: This indicator is covered in the LatinFocus Consensus Forecast.  For 5-year projections, including quarterly forecasts for the next two years, please click here

 


 

 

 

 

 

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