Bolivia Inflation Rises to 5.70% in September, Driven by Food Prices
What happened
The National Statistics Institute reported that inflation in Bolivia climbed to 5.70% over 12 months in September, up from 5.02% in August. The monthly rise was 0.85%, down from 1.10% in August. Tomato prices saw a significant jump of 38%, contributing to the monthly increase. The central bank’s official rate stood at 11.97 bolivianos per US dollar on October 6.
From riotimesonline.com
Why it matters
The figures track consumer prices in Bolivia, providing insight into the purchasing power of local currency. The rise in inflation, particularly in food groups, reflects changes in the cost of living across the country.
From riotimesonline.com
Who's involved
- BoliviaSovereign state where consumer prices are tracked
- National Statistics InstituteInstitution that tracks consumer prices in Bolivia
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The entities involved
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Bolivia
sovereign state in South America
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National Statistics Institute
Spain's principal government institution in charge of statistics and census data
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