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June 8, 2022Jugo de Caigua

Who will suffer more with the inflation?, by Hugo Ñopo

“The good and services which the poor consume are those whose prices have been rising the most. The most recent INEI report states that between June 2021  and May 2022, food prices in Peru rose 14 %; housing prices, 12 %; and transportation prices, 11%. These items represent 4/5 of the consumption basket of poor households in the country”.

En his weekly article for Jugo de Caigua, Hugo Ñopo, Senior Researcher at GRADE, measures the impact of inflation on the poorest from consumption patrons.