According to statistics from the Central Bank (BCRD), the groups with the most significant contribution to inflation in August 2021 were food and non-alcoholic beverages (1.47%), transport (1.07%), and restaurants and hotels (1.31%), which explained 83% of the general inflation of the period.
Overall, inflation in August 2021 stood at 0.80%, and cumulative inflation in the first eight months was 5.41%.
Meanwhile, central bank figures indicate that year-on-year inflation, measured from August 2020 to August 2021, stood at 7.90%.
Food & Beverage
According to the Consumer Price Index (CPI), the foods that most influenced the price increase were fresh chicken (7.70%), garlic (22.23%), soft drinks (5.76%), onions (11.63%), tomatoes (19.38%), ordinary beef (4.14%), chili peppers (9.80%), soybean oil (1.37%), pineapple (12.44%), salami (0.91%) and rice (0.25%).
Meanwhile, other food goods registered decreases in prices,such as: eggs (-4.42%), avocados (-17.87%), green bananas (-3.98%), pork (-2.04%), sobado bread (-1.35%), green bananas (-0.97%), oranges (-7.38%) and water bread (-1.18%).
The CPI of the alcoholic beverages and tobacco group grew 0.80%, as a result of the rise in the price of packaged beer (1.16%), malt (0.43%), whiskey (0.6%)