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December 14, 2017
Thursday, November 10, 2016

Inflation rate jumps to 2.4% after utility hikes

After a massive hike in utility bills, October inflation jumped to 2.4 per cent, the INDEC statistics bureau reported.

The most significant increases were registered in Housing and Basic services (10.7%), clothes (3.6%); medical care and health expenses (3.4%) and food and drinks (1.5%).

"The result of October index reflects the change of natural gas tariffs for residential users,” the INDEC explained.

Private estimates unveiled by opposition lawmakers had placed October inflation at 2.9 percent.

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Edition No. 5055 - This publication is a property of NEFIR S.A. -RNPI Nº 5343955 - Issn 1852 - 9224 - Te. 4349-1500 - San Juan 141 , (C1063ACY) CABA - Director Perdiodístico: Ricardo Daloia