According to the report from National statistical institute (INE), the annual variation rate of the CPI in the month of January is 1.0%, two tenths less than that registered the previous month.
The annual rate of core inflation decreases by one tenth to 0.8%.
The monthly variation of the general index is -1.3%.
The Harmonized Index of Consumer Prices (HICP) puts its annual rate at 1.0%, decreasing by two tenths with respect to the month of December.
The groups with negative influence that stand out in the decrease of the annual rate are:
Food and non-alcoholic beverages, which decreased by four tenths of an annual change and stood at 0.9%, due to the stability of fish and seafood prices, compared to the rise registered in 2018. It should also be noted, although in the opposite direction, the increase in the prices of vegetables, which decreased last year.
Transportation, with a rate of -0.2%, four tenths lower than the previous month, as a result of which the prices of fuels and lubricants rise this month less than in January 2018.
Leisure and culture, whose annual variation decreases eight tenths, down to -0.9%, due to the decrease in the prices of tourist packages is higher this month than in January of the previous year.
© 2000-2024. All rights reserved.
This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
The information on this website is for informational purposes only and does not constitute any investment advice.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.
Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.
Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.