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Cigarette tax increases wholesale index

The rise in the tax to cigarettes and the price of soybeans pushed the wholesale price index, which rose 3.6% in May. However, the rise in wholesale rates that the Indec reported is less than that relieved for retail prices (4.2% in May), by the indirect impact of the adjustment of rates for services. According to the Indec, the rate of domestic prices at the wholesale (IPIM), he moved to marketing, rose 23.4 percent in the first five months of the year. In may hit 4.1% of agricultural products rising and 55.8% of tobacco. The CPI measures the average evolution of prices of domestic and imported products including internal taxes and value-added tax. It excludes the value of exports. In M... [Read more]

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