Inflation accelerated to 3.6% in December

Inflation accelerated to 3.6% in December according to estimates by the consulting firm Orlando Ferreres. Prices accumulated a rise of 33.6% in 2020. Core inflation (which does not consider either seasonal effects or government-regulated costs) advanced at a monthly rate of 3.8%, marking an annual increase of 35.7%. The principal increases were in health and transport. Food prices rose by 4.2% and accounted for most inflation in the last month of the year.

Source: Ámbito