Evolución del Índice de Precios al Consumidor (IPC): en setiembre de 2004

Abstract

Inflation in September 2004, measured by the Consumer Price Index (CPI), was negative, with a rate of -1.3%, lower than the 0.2% observed in the same month of the previous year. This inflationary result is again associated with the behavior of the prices of perishable goods in the basket, whose increases accounted for the previous month's inflation level. In this regard, and following the excessive price increases for certain horticultural products recorded in the previous period, even at the regional level (mainly Argentina and Brazil), there has been a decline in the prices of some of these products to levels more consistent with their historical records. This price reduction is due to an increase in the supply of horticultural products, partly explained, in the opinion of industry stakeholders, by an increase in domestic production supplemented by imports from neighboring countries.