Weekly Consumer Price Index rises 1.08% in fourth week of April 2022

The biggest contribution to the result came from the Housing group, whose rate of variation went from 0.61% in the third week of April to -0.69% in the fourth week of April.

The Weekly Consumer Price Index rose 1.08% in the fourth week of April 2022. It is now up 10.61% in the last 12 months. In the fourth week of April, five of the index’s eight component spending classes recorded decreases in their rates of variation. The biggest contribution to the result came from the Housing group, whose rate of variation went from 0.61% in the third week of April to -0.69% in the fourth week of April. In this spending class, it is worth mentioning home electricity charges, which fell 6.78%, compared to a 2.08% reduction in the previous edition of the Weekly Consumer Price Index.

There were also decreases in the following groups: Transport (2.86% to 2.13%), Food (1.82% to 1.58%), Miscellaneous Expenses (0.84% to 0.70%) and Communication (0.01% to -0.02%). In these spending classes, the following items were notable: gasoline (5.45% to 3.19%), vegetables (11.50% to 9.10%), religious and funeral services (0.52% to 0.19%) and internet charges (-0.20% to -0.40%).

On the other hand, Education, Reading and Recreation (1.86% to 2.51%), Health and Personal Care (0.80% to 1.14%) and Apparel (1.11% to 1.26%) recorded increases in their rates of variation. In these spending groups, the following items were notable: airfares (10.50% to 14.38%), medications in general (2.61% to 4.12%) and women’s clothes (0.99% to 1.42%).

The Weekly Consumer Price Index’s next results, based on data collected up to May 7, 2022, will be revealed on May 9, 2022.

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