Inflation Report.pdf

Inflation_note_2023_08.pdf
Preview of Inflation Report
🔗 Source: bbvaresearch.com
📊 Size: 344 KB
📄 Pages: 4 pages
⬇️ Downloads: 125

Summary

Inflation in August was 0.70% monthly and 11.43% annually, above expectations, with food inflation at 12.4% and non-food inflation at 11.2%. Despite a decline, upward pressures persist, particularly in perishable food items and some non-food subclasses, with volatility expected to continue due to the El Niño phenomenon. BBVA Research forecasts inflation to maintain a downward trend, closing the year at around 9%, with core inflation declining moderately, but with potential upside risks due to resilient consumption.

Description

Inflation in August was 0.70% monthly and 11.43% annually, above expectations, with food inflation at 12.4% and non-food inflation at 11.2%.

Technical Information

  • File Format: PDF
  • File Size: 344 KB
  • Pages: 4
  • Language: EN
  • Total Downloads: 125
  • Last Updated: 6 days ago

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