Inflation accelerates in April to 2.2% due to energy prices. The CPI reflects the rising cost of electricity and the cost of fuels and fuels.
The prices rose 2.2% in April compared with the same month of 2020, a move almost more than the March (1.3%) point that triggers inflation to levels not seen since October 2018 by the rising energy .
The leading indicator of the consumer price index (CPI) published this Thursday by the National Institute of Statistics (INE) is highly influenced by the rise in electricity prices and the maintenance of fuel and fuel prices , which fell in April 2020 in full confinement due to the pandemic.
If this data is confirmed on May 14, the rise in energy prices would intensify in April the strong rise in prices already registered in March (1.3%) , after a 2020 negative CPI which was followed by a small increase in January 2021 ( 0.5%, due to the storm Filomena) and stability in February (rate of 0%).
Inflation accelerates in April to 2.2% due to energy prices. The CPI reflects the rising cost of electricity and the cost of fuels and fuels.
The prices rose 2.2% in April compared with the same month of 2020, a move almost more than the March (1.3%) point that triggers inflation to levels not seen since October 2018 by the rising energy .
The leading indicator of the consumer price index (CPI) published this Thursday by the National Institute of Statistics (INE) is highly influenced by the rise in electricity prices and the maintenance of fuel and fuel prices , which fell in April 2020 in full confinement due to the pandemic.
If this data is confirmed on May 14, the rise in energy prices would intensify in April the strong rise in prices already registered in March (1.3%) , after a 2020 negative CPI which was followed by a small increase in January 2021 ( 0.5%, due to the storm Filomena) and stability in February (rate of 0%).
