Inflation in Metropolitan Lima: what were the products that became more expensive in April?

In April 2023, the Consumer’s price index (CPI), which measures the inflation, increased by 0.56% in Metropolitan Lima. Thus, it achieved an accumulated advance of 2.35% so far this year. While the annual rate, corresponding to the last twelve months, reached 7.97%, reported the National Institute of Statistics and Informatics (INEI).

The increase in prices in the capital was influenced by the rise in chicken eggs, which became more expensive by 5.6%, strawberries (25.53%), celery (84.10%), eviscerated chicken (1.45%). and menu in restaurants (0.71%). These products are the ones with the highest incidence in the CPI and, as a whole, contributed 0.244% to the result for this period.

Meanwhile, green peas (-32.43%), lemons (-17.91%), white potatoes (-5.86%), electricity rates (-0.74%) and new cars (-0. 83%).

Products and services that became more expensive

In detail by segment, Food and Non-Alcoholic Beverages registered an increase of 1.44%, driven by the prices of products such as coriander (27.2%), ground rocoto chili pepper (18.0%) and hydrated dressings (6.3%); also, fish and shellfish (3.9%) such as mullet (13.5%), parakeet (12.3%), mussels (10.9%), horse mackerel (9.8%), sea bass (7.9% ) and pretty (3.8%); fruits (2.3%) such as strawberry (25.5%), ordinary apple (6.8%), white grape (6.6%), Israel apple (6.4%), pineapple (5.6%) , silk banana (4.4%), delight apple (3.8%) and mango (3.5%), etc.

In Transport, the prices of interprovincial bus tickets (5.1%) and passenger transport by air (3.4%), such as national (8.9%) and international airfare (1.9%), rose. While the prices of vehicle fuels (-1.2%) fell due to the decrease observed in diesel oil (-4.1%), vehicular liquefied petroleum gas (-3.1%) and gasohol ( -1.0%); also, acquisition of vehicles (-0.8%) such as new automobiles (-0.8%).

The increase in Restaurants and Hotels it is due to the rise in the prices of beverage services in restaurants and similar establishments (0.9%) such as natural soft drinks (1.2%), hot drinks (1.1%) and served beer (1.0%); and food service in restaurants and similar places (0.8%) such as grilled meat (1.6%), desserts (1.5%), regional broths and soups (1.3%), chaufa rice (1.2%), breakfast in restaurants (1.2%), grilled chicken (1.0%), chifa dishes (1.0%), ceviche (1.0%) and menu in restaurants (0 .7%).

in the division Health the prices of the dentistry service (1.0%), hospitalization service (0.8%), as well as the medical service for childbirth and surgery in the clinic (0.8%) and hospital (0.2%) increased; medical services (0.6%) such as gynecology (0.9%), ophthalmology (0.8%), physical medicine and rehabilitation (0.7%); Likewise, the prices of pharmaceutical products increased (0.3%) such as antihypertensives (0.6%), mucolytic expectorants (0.6%), ophthalmic decongestants (0.6%), anti-inflammatories (0.4%) , antibiotics (0.4%) and vitamin supplements (0.4%).

On the contrary, downward prices presented the division Housing, Water, Electricity, Gas and Other Fuels, explained by the reduction in prices observed in natural gas consumption (-2.5%) due to the new tariff schedule in effect as of April 1 of this year; domestic propane gas (-0.9%) and residential electricity consumption (-0.7%) due to the tariff schedule as of April 4 of the current year.