September 17, 2021

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The dollar could raise inflation to a level not seen in four years

Last month, the country recorded a strong increase in consumer prices, viz Swelling 3.43% so far in 2021, well above the set target limit Central Reserve Bank (BCR).

Now this price seems to be rising because of the prices of various commodities Basic ingredients Will be tall in MarketsIncluding chicken and oil.

This is included with food prices Basic family basket, This month The Electricity rates Paid by families.

The main factors for this increase in price Costs have increased in recent months Materials Such as wheat, corn, soybeans and oil, in addition to the exchange rate. As this last point crosses S / 4 it will continue to raise prices.

Price of the specified imported inputs Dollars, So a higher rise in the green pack, or maintaining the price at S / 4, will raise the levels Swelling To its highest level in four years.

“(The Swelling) May be in the range of 3% to 3.5% by the end of the year, “said Eduardo Jimenez, head of Macroconsult Information Services, with the newspaper Gestian.

According to CreditCorp Capital, this increase in inflation could create pressure BCR Raise your current recommendation rate to 0.25%.

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