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Consumer Prices in Bolivia Rise by 0.12 Percent in June

Consumer prices in Bolivia rose by 0.12 percent in June relative to prices in May, according to a report by the National Institute of Statistics (INE). Consumer prices rose 3.17 percent year-over-year in June.

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Index of Consumer Prices / Graph from the National Institute of Statistics

Among the 12 categories reported by the INE, healthcare costs rose the most at 0.67 percent followed by food and non-alcoholic beverages at 0.23 percent.

Several specific goods registered significant changes in cost. The price of pumpkin and green peas rose by 11.82 and 11.38 percent, respectively. The price of tangerines fell by 8.03 percent.

Inflation is often a major issue for policymakers in South America.

Venezuela is currently in the midst of a hyperinflation crisis, which has made basic business activity nearly impossible. Reuters reported that some in Venezuela barter goods rather than use the national currency.

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