Based on a survey conducted among households, this specialized center at Torcuato Di Tella University estimated that prices rose 4.23% this month, while private consulting firms estimate that the inflation rate for May will range from 2 to 2.3 percent, and the government is expected to announce a similar percentage.

Those surveyed by the Center for Financial Research assume that prices are rising at a rate of more than 4 percent per month, equal to the two percentage points reported by the government agency, and the 2.8 percent it reported in April.

The traditional survey, usually used as a benchmark in the market, includes a question asking participants what their 30-day inflation estimate is, in addition to the 12-month estimate.

The LCG consulting firm’s estimates for the fourth week of May showed a 0.2 percent price increase in the Food and Beverage category. This follows the previous week’s weekly increases of 2.1 percent.

The sharp rise in Meat and Vegetables, after slight weekly declines, explains almost 50 percent of this week’s Food and Beverage inflation, according to the LCG study. Nevertheless, it estimates that average monthly inflation for May would fall 0.2 percent, reaching 2.6 percent compared to the official figure for April (2.8 percent).

On the other hand, the overall level of the Basic Domestic Wholesale Price Index (IPIB) showed a rise of 2.8 percent in the same period. In this case, the variation is explained by the 2.5 percent increase in “domestic products” and primarily by the 6.1 percent increase in “imported products.”

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