Wholesale Inflation Was 1.5% in January According to Indec.

Wholesale Inflation Was 1.5% in January According to Indec.
Wholesale inflation was 1.5% in January according to INDEC.

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The government strengthens its strategy for controlling wholesale inflation and stabilizing the domestic market.

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The moderation of increases is also reflected in the sectors with the greatest impact on the IPIM:

  • Crude oil and gas: increase of 0.35%, a contained variation that reduces pressure on energy costs.
  • Chemical substances and products: rise of 0.29%, a positive indicator for the manufacturing industry.
  • Food and beverages: increase of 0.16%, showing signs of stabilization in a key sector for consumption.
  • Refined petroleum products: growth of 0.15%, without significant impacts on fuel costs.
  • Agricultural products: slight rise of 0.11%, favoring the supply of raw materials without major variations.

The impact on the economy and expectations

These data reflect a trend toward inflationary deceleration in the wholesale segment, which could positively impact the stability of retail prices in the coming months. The lower rise in domestic products and the reduction of the impact of imported goods suggest that the economy could be entering a phase of greater predictability.

With these indicators, the government reinforces its strategy of controlling wholesale inflation and stabilizing the internal market, a key factor for improving the economic expectations of consumers and businesses.


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  1. FLÁVIO BOLSONARO DOMÓ A LULA LUEGO DE QUE NOMBRE A MILEI LULA: "Ya que sos amigo de @JMilei, ¿continúas diciendo que tu modelo es el modelo de Milei? FLÁVIO: "Y vos sos amigo de Ortega, dictador de Nicaragua. Sos amigo de Maduro que está preso. Esos son tus amigos. Ah, y mandaste a tu vicepresidente a visitar al dictador de Irán. Mirá a tus amigos".

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  2. “EL RESCATE DE BRASIL ESTÁ LLEGANDO” Tras el debate presidencial, el candidato derechista @FlavioBolsonaro celebró su desempeño y acusó al dictador Lula da Silva de mentir durante todo el encuentro. “Si tu vida no mejoró, es porque tenemos que cambiar de Gobierno. Estoy preparado para ser el próximo presidente de la República, si tengo el honor de merecer tu voto y si es la voluntad de Dios”.

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  4. "QUIERO LLEVAR EL ESTÁNDAR EINSTEIN AL SISTEMA DE SALUD PÚBLICA". Durante el debate contra el dictador Lula da Silva, el candidato derechista @FlavioBolsonaro anunció que convocó a Claudio Lottenberg, expresidente del prestigioso Hospital Albert Einstein, para dirigir el Ministerio de Salud. Prometió transformar el SUS con tecnología e inteligencia artificial impulsada por el sector privado. "Quiero llevar al SUS la misma atención, con tecnología, médicos, turnos programados y sin filas, que existe en la red privada".

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  5. FLÁVIO BOLSONARO A LULA: "OTRA NOTICIA FALSA QUE PUEDO DESMENTIR MIRÁNDOTE A LOS OJOS". Durante el debate presidencial, el dictador Lula da Silva acusó a Bolsonaro de promover los aranceles del presidente Trump contra Brasil y cuestionó sus intenciones sobre los minerales estratégicos del país. Flávio rechazó las acusaciones, aseguró que viajó a Estados Unidos para defender a las empresas brasileñas y acusó al Gobierno de intentar impedir que el gobierno de Trump clasificara a organizaciones criminales como terroristas. "Fui a Estados Unidos para defender a las empresas y los productos brasileños. ¿El Gobierno lo hizo? No mandó a nadie, ni siquiera a uno, para defenderte".

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The National Institute of Statistics and Censuses (INDEC) published the report of the Wholesale Price Index System (SIPM) corresponding to January 2025.

The data reveal a moderate rise in wholesale prices of 1.5%, with increases lower than in previous months and signs of stability in domestic products.

Main data of January's wholesale inflation

  • The Internal Wholesale Price Index (IPIM) increased by just 1.5% compared to the previous month, marking a slowdown in wholesale inflation.
  • The Basic Internal Wholesale Price Index (IPIB) rose 1.6%, reflecting less pressure on internal prices without taxes.

Inflación mayorista de enero
Inflación mayorista de enero

  • The Producer Price Index (IPP) recorded a rise of 1.8%, with stable behavior in key productive sectors.
  • Domestic products showed controlled growth of 1.6%, while imported products only increased by 0.5%, reflecting less external impact on the local economy.

Stability in strategic sectors

Inflación mayorista
Inflación mayorista