INDEC will announce the inflation index for September: it is believed that it would exceed double digits

Next Thursday, the National Institute of Statistics and Census (INDEC) will share the Consumer Price Index (CPI) for September, which will be the last data before the general elections on October 22. In addition, it is expected to be above double digits for the second consecutive month, although lower than the August numbers when it climbed to 12.4%, being the highest measurement since 1991. These numbers were strongly affected by the devaluation that occurred after the PASO.Se it should be noted that, at the end of last week, the Buenos Aires Statistics Directorate, which is the official indicator of the City of Buenos Aires, indicated an acceleration in the past month reaching 12%, 1.6 points above the 10.4% of August, which left a strong impact on foods whose increase was 14.1%. In this way, CABA index made it clear that the accumulated inflation in the territory throughout the year is 101.3%, while the year-on-year climbed to 140.9%. On the other hand, through the survey of retail prices prepared by the consultancy C & T, inflation in September is expected to exceed double digits for the second consecutive month reaching a monthly increase of 11%, which would generate the year-on-year climb to 142.1%. This figure implies a decrease with respect to the measurement of the consultancy in August, which had stood at 11.5%, and the official indicator of the National Institute of Statistics and Census (INDEC) when it climbed to 12.4%.

Original source in Spanish