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The leading indicator of the CPI places its annual variation at 2.7% in May
Estimated annual CPI inflation in May 2021 is 2.7%, according to the indicator advance prepared by the INE. This indicator provides a preview of the CPI which, if confirmed, would represent a increase of five tenths in its annual rate, since in the month of April this variation was of 2.2%. Notable in this behavior is the rise in fuel and fuel prices, compared to the drop registered in May of last year. For its part, the estimated annual variation rate of core inflation (general index excluding unprocessed food and energy products) increases two tenths to 0.2%, which is two and a half points below that of the CPI ... (full story)