At a fortnightly rate, inflation increased 0.46% in the first 15 days of Januarya level higher than that of the same fortnight of 2022, when the increase was 0.39% fortnightly and 7.13% annually.
It is also the highest fortnightly variation for a month of January since 2017, when the ‘gasolinazo’ occurred.
Subjacent inflation -considered the best parameter for excluding the most volatile prices and the tariffs established by the government- increased 0.44% compared to the previous fortnight and 8.45% at the annual rate. This was above what was projected by the market, since an annual increase of 8.33% was expected. Thus, a streak of three fortnights in a row with decreases in this index was cut.
Within the underlying index, the prices of merchandise grew 0.55% fortnightly and those of services 0.30%.
In the case of non-core inflation, the rise in prices was 0.51% at a fortnightly rate and 6.44% annually. And, within this index, the prices of agricultural products grew 0.35% and those of energy and tariffs authorized by the government, 0.64% at a biweekly rate.
What went up and what went down in price
Within what rose in price the most were lunch boxes, inns, torterias and taco shops, Magna gasoline, cigarettes, packaged soft drinks, bananas, own housing and electricity.
The products that saw an improvement in their prices during the first half of January were air transport, tourist services, onions, mobile phone services, serrano peppers, poblano peppers, outerwear and hotels.
