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Inflation in Argentina has already reached the level that the government predicted for the entire year

Consumer prices in Argentina registered an interannual increase of 64% in the last month of June, 3.3 percentage points above the variation registered in May, as reported this Thursday () the National Institute of Statistics and Censuses (Indec).

In the sixth month of the year, prices to consumers grew 5.3% per month, up from 5.1% in May, but still well below the very high rates of 6% in April and 6.7% in March.

With these data, in the first half of the year Argentina accumulated an inflation of 36, 2%, bordering on the inflationary projection that the government of Alberto Fernández had predicted for the entire the year of 2022 in its agreement with the International Monetary Fund (IMF), from between 38% and 48%, which will no longer be able to comply.

Goods had a positive change of 5.2% last month compared to May, while services rose 5 .5%, numbers that add up to 66% and 2020 , 4%, respectively, in the interannual comparison.

Among the increases registered, the highlights were the categories of health (7.4%) and housing, water, electricity, gas and other fuels (6.8%), as well as the prices of alcoholic beverages and tobacco (6.7%).

On the other hand, the increase in food and non-alcoholic beverages (4, 6%) had the highest incidence in all regions of the neighboring country, with emphasis on vegetables along with meat and meat products.

The only two categories with the smallest increase in the month were communication (0, 4%) and education (2%).

The consumer price index in the country had accumulated a high of 50,9% in the year past, denoting an acceleration in relation to 38,1% verified in 2020.

O The Central Bank of Argentina raised inflation expectations this month to 76% for this year and to 66,6% in 2023 ), a projection classified as optimistic by experts.

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