The increase of 48% is the biggest year-on-year increase in inflation since January 1992, when the country, then ruled by Carlos Menem (1989-1999), was starting to emerge from hyperinflation.
In the fourth month of 2022, prices increased 6% from March, down 0.7 percentage point from the previous month’s measurement, when the biggest monthly increase in recent times was recorded 20 years (6.7%).
Goods had a positive change of 6.4% in April compared to to March, while services rose another 5.1%, numbers that add up to 60,4% and 38,9 %, respectively, in the annual comparison.
The highest increases recorded in April were in the segments of clothing and footwear (9.9%), hotels and restaurants (7.3%) and health services (6.4%).
12190152 On the other hand, the sectors that showed the smallest increases were communication, with a monthly increase of 3.7%, and alcoholic beverages and tobacco, with advance of 3.3%.
Consumer prices increased by 50,9% last year, experiencing a acceleration in relation to 20,1 % verified in 2020.
For this year, the Argentine government had initially projected an annual inflation of 36%, but in the refinancing agreement recently reached by the Executive of Alberto Fernández with the International Monetary Fund (IMF), there is an inflation projection for 2022 between 30% and 48%.
However, analysts consulted monthly by the Central Bank of Argentina maintain that inflation will be 60, 1% this year and from 38, 5% in 2023.