Given the persistence of the inflationary phenomenon and the CPI data for January, the UF-an indicator with a direct impact on dividends, education plans, health, among others – will rise.
The inflation surprised market expectations by raising a 1,2% during January, twice what was projected for the Consumer Price Index (CPI).
Transport and food they were the divisions that most affected this increase; and according to experts it will continue to raise the Monetary Policy Rate (MPR).
Faced with this scenario, the Development Unit (UF) – indicator with direct impact on dividends, education plans, health, among others-would have an increase close to approximately $377.
According to the Central Bank it is currently at $31,276.9. That is, it would go up to regarding $ 31,653.
While eleven of the twelve divisions measured by the CPI rose, there were two that stood out most: transport and food that, as a whole, they contributed 65% of this price increase.
There was a surprise, because January data are usually not high on food, and that’s why this CPI he’s the highest in 30 years.since 1992, when 1.1% was recorded in January.
The Government-in the voice of the deputy minister of Finance, Alejandro Weber-explained that this global phenomenon was added local factors, such as pension fund withdrawals. He said it would be essential to respect the budgetary adjustment.
Among the experts there were also surprises and Rodrigo Montero, dean of the Faculty of Administration and Business of the Autonomous University, said that this responds to the persistence of the inflationary phenomenon.
Expectations also play a role here. That is why Agustín García, an economist at Banchile, believes that the phenomenon in the field of food, for example, has to do with the transfer to cost prices.
In food was just the biggest surprise, but also it was widespread, giving account of the dynamism of consumption.
In that sense, García said that they are already raising their projections regarding the next Monetary Policy Meeting (RPM).
Finally, some analysts have already argued that even be ahead in an extraordinary way the next RPM coming in the month of March.
