Inflation moderates in September to 9% year-on-year and falls six tenths compared to August

• Food inflation will be further aggravated by the tax on plastics from 2023

Inflation

has moderated in September to stand at

which means that

than those registered in the country a year ago, according to data advanced this Thursday by the Institute National Statistics (INE).

Despite being a very high rise in the Consumer Price Index (CPI),

compared to the year-on-year rates at which it has been in recent months: in

the products we consume were

than in the same month last year, and

The INE has explained that the decrease in the year-on-year rate is mainly due "

, compared to those registered in September 2021. "Although to a lesser extent, the decrease in

, compared to the rise of the previous year, and the drop in

", they point out.

In

terms , if we compare the prices of September with those of August,

, compared to the 0.3% rebound of last month, which implies that the prices of goods and consumption that we have paid in September they have been cheaper than the ones we bought in August.

Precisely monthly inflation is the data that the

is using lately to defend that the price increases are deflating little by little and that

However,

price increases to the entire consumer basket remains serious, as reflected in

which excludes the price of fresh food and energy (since they are the most volatile components) and even thus it

-on-year -compared to 6.4% in August-

panel of economists

, made up of twenty of the most important macroeconomic study and analysis services in the country, had forecast that

with which the data advanced this Thursday by the National Institute of Statistics is even more positive.

If this data is confirmed in the middle of the month,

registered so far this year amounts to

Conforms to The Trust Project criteria

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• INE

• Inflation

• Articles Alejandra Olcese