During February of this year, the Consumer Price Index (CPI) of metropolitan Lima rose by 0.31%, while the accumulated variation of the first two months of the year 2022 was 0.35%, according to the National Institute of Statistics and Informatics (INEI).
The monthly result responds to the rise in prices in sectors such as recreation and culture (1.12%) due to the increase in the prices of newspapers and periodicals, stationery and office and school supplies, flowers and pet food.
Also restaurants and hotels that grew by 0.61% due to the higher price of meals in restaurants such as grilled chicken, chicken broth and menu; followed by Miscellaneous Goods and Services (0.33%) after the price increase in items and services for personal care.
Likewise, it is necessary to specify that, considering the last twelve months (March 2021 to February of this year), inflation registers an accumulated variation of 6.15%.
basket details
Despite the upturn in inflation In the capital, INEI recorded that eviscerated chicken heads the list of products with the greatest impact on price reductions (-5.74%), followed by papaya (-21.09%), bonito (-11.45 %), international air tickets (-5.19%) and chicken breast (-2.79%) (see infographic).
Likewise, those that most increased their value are chicken eggs (12.77%), white potatoes (17.19%), gasohol (3.58%), evaporated milk (3.24%) and the menu in restaurants (0.79%).
Base Year Change
At the end of January, the INEI announced that the base year of the CPI had been updated. In this way, the benchmark for the recent measurement was 2021, specifically, December. The entity stated that The new consumption structure of the CPI is closer to reality, according to the new consumption habits of households in the country, which changed with the arrival of the pandemic.
With the change of the Base Year, the INEI has expanded the number of products to investigate to measure the evolution of consumer prices throughout the country; Until December 2021, 768 products were investigated, with the base change, the evolution of the prices of 801 products at the national level will be analyzed.
In this sense, INEI points out that of the 586 products of the new family basket, 390 rose in price, highlighting potatoes (17.3%), white potatoes (17.2%) and chicken eggs (12.8%). .
external challenges
From Fitch Ratings they foresee that the basic inflation will fall in the United States and Europe towards the second half of this year, with this the policies of the central banks would gradually normalize; however, there are latent risks such as abrupt responses that undermine the real economy, as well as geopolitical events that would keep inflation higher.
Source: Larepublica
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