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October 21, 2014
Friday, August 15, 2014

INDEC reveals July inflation at 1.4%

The National Statistics & Census Institute (INDEC) has revealed that inflation for July reached 1.4 percent, compared to the previous month in 2014.

The rise, following an increase of 1.3 percent in prices in June, reverts a downward trend in for inflation which had been registered in recent months. According to the state agency, the Leisure sector showed the highest gains, at 3.1 percent.

Transport and Communications (2.6%), Education (1.5%), and Home Supplies and Maintenance (1.4%) were also amongst the categories that rose highest in July.

The total increase across the first seven months of 2014, in accordance with INDEC figures, is 16.7 percent.

Just one day beforehand, opposition lawmakers released their own 'Congress index'. The unofficial data claimed rises of 2.47 percent in July, meaning inflation for private estimators stands at 39.71 percent for the year.



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Tags:  INDEC  inflation  July  





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