{"id":3922,"date":"2022-04-24T16:27:08","date_gmt":"2022-04-24T16:27:08","guid":{"rendered":"https:\/\/www.africa-press.net\/cape-verde\/all-news\/prices-of-imported-products-grow-18-9-in-march-compared-to-the-same-month-in-2021"},"modified":"2022-04-24T16:43:36","modified_gmt":"2022-04-24T16:43:36","slug":"prices-of-imported-products-grow-18-9-in-march-compared-to-the-same-month-in-2021","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/cape-verde\/all-news\/prices-of-imported-products-grow-18-9-in-march-compared-to-the-same-month-in-2021","title":{"rendered":"Prices of imported products grow 18.9% in March, compared to the same month in 2021"},"content":{"rendered":"

Africa-Press – Cape verde. <\/strong><\/span>In year-on-year terms, import price indices increased by 18.9% in March this year compared to the same period in 2021, the INE advanced this Friday, 22.<\/p>\n

According to the same source, the prices of imported products increased by 3.1% in March this year, 0.1 percentage points (pp) higher than in the previous month (February 2022).<\/p>\n

The data also show that, in March, the import price index stood at 109.7, having registered an increase of 3.1% compared to the previous month. On the other hand, the underlying and volatile indices in imports increased by 2.6% and 4.3%, respectively, compared to the previous month (February).<\/p>\n

The increase in prices, according to INE, occurred in all group categories: “Consumer Goods” (3.5%) and is justified by the rise in prices of “primary food products” (3.3%), ” Intermediate Goods\u201d (1.6%), and is explained, essentially, by the rise in prices of \u201cprocessed products for construction\u201d (3.3%). Also, an increase in \u201cCapital goods\u201d (3.5%), which is justified by the rise in prices of \u201ccars for private use\u201d (10.2%) and \u201cFuel\u201d (3.3%), justified, according to the data, with the rise of the only subcategory called \u201cFuel\u201d (3.3%).<\/p>\n

In year-on-year terms, import price indices increased by 18.9% compared to March 2021.<\/p>\n

Compared to March 2021, the underlying and volatile import indices also recorded increases of 18.2% and 21.0%, respectively.<\/p>\n

Export price index<\/p>\n

Regarding Export Price Indices, in March 2022, the export price index stood at 102.7%, corresponding to an increase of 0.5% compared to the previous month.<\/p>\n

Also, last March, the underlying export index increased by 0.7% and the volatile index decreased by 0.1%, compared to the previous month.<\/p>\n

In year-on-year terms, in March of this year, the year-on-year rate of change in the export price index stood at 5.1% and, compared to March 2021, the underlying and volatile export indices increased by 6.1%. % and 2.4% respectively.<\/p>\n

Terms of Exchange Indexes<\/p>\n

It should also be noted that last March, the Terms of Trade Index (ITT) stood at 93.6%, registering a decrease of 2.5%, compared to the previous month. In year-on-year terms, the Terms of Trade Index (ITT) stood at -11.6%.<\/p>\n

For More News And Analysis About Cape verde<\/a> Follow Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Cape verde. In year-on-year terms, import price indices increased by 18.9% in March this year compared to the same period in 2021, the INE advanced this Friday, 22. According to the same source, the prices of imported products increased by 3.1% in March this year, 0.1 percentage points (pp) higher than in the […]<\/p>\n","protected":false},"author":84,"featured_media":3921,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5,6,8,16],"tags":[233,331,328],"class_list":["post-3922","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","category-files","category-homepage-english","category-twitter","tag-africa-press","tag-africa-press-cape-verde","tag-cape-verde"],"yoast_head":"\nPrices of imported products grow 18.9% in March, compared to the same month in 2021 - Cape Verde<\/title>\n<meta name=\"description\" content=\"In year-on-year terms, import price indices increased by 18.9% in March this year compared to the same period in 2021, t ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/cape-verde\/all-news\/prices-of-imported-products-grow-18-9-in-march-compared-to-the-same-month-in-2021\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Prices of imported products grow 18.9% in March, compared to the same month in 2021 - 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