Tuesday, 25 April 2023 22:07

Food, non-alcoholic beverages and lodging rose 129.08 in march 2023

Written by Evelyn Alas

The Oficina Nacional de Estadísticas y Censos (ONEC), reports that as of march 2023, the general Consumer Price Index was 129.08, registering a monthly variation of 0.09%, being this variation 0.50 percentage points lower compared to march 2023.

In the statistics, the increases in food and non-alcoholic beverages, lodging, water, electricity, gas, restaurants, hotels, miscellaneous goods and services stand out. While transportation registered the main decrease.

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Likewise, data from the Bureau of Statistics show that, for the third month of this year, the positive monthly variation of lesser magnitude than that observed during march 2022, where the growth was 0.81% (driven by food and non-alcoholic beverages, transportation, furniture, household goods and ordinary household maintenance).

The largest positive variations were mainly observed in: health 0.49%, miscellaneous goods and services 0.35%, accommodation, water, electricity, gas and other fuels 0.32%, restaurants and hotels 0.29%, food and non-alcoholic beverages 0.23%.

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For march of this year, the five main products that influenced the monthly increase in consumer prices are: Güisquil, housing rent, chicken egg, lemon and breakfast service, these were offset by the negative behavior of some products, such as: tomato, air travel, diesel, green chili and regular gasoline.

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The accumulated inflation to the third month of this year was 1.03%, which is lower than the 1.21 percentage points registered in the same month of last year, when it reached 2.23%.

This behavior was driven by a lower rate of variation in prices, which contributes to maintaining a relatively lower inflation level than that recorded as of march 2022.

 

Translated by: A.M