Milagros Ricchini
@milagrosricchini
Milagros Ricchini
@milagrosricchini
milagrosricchini's insights
SEIDO High Frequency CPI - February 22nd 2023
Weekly inflation slowed down. Consumer prices grew 0.7% WoW, lower than in the previous week (1.2% WoW). The monthly printing was 5.8% MoM, below the previous figure (6% MoM). Holding inflation constant for the rest of the month, given our previously published figures, inflation would be 5.7% MoM in February. The interannual rate was 105.9% YoY (vs 108.6% YoY). | Main figures| Previous week (published) |Previous (revised) | Current week| Monthly |Annual| | --- | --- | --- | --- | --- | --- | | Headline inflation| 1.2% WoW | 1.2% | 0.7% | 5.8% MoM| 105.9% YoY | | Core inflation| 1.9% WoW | 1.9% | 1.1% | 7.3% MoM| 101.9% YoY | | Dollarized core | 1.7% WoW | 1.7%| 1.3% | 7.9% MoM| 113.9% YoY | | Non-dollarized core | 2.6% WoW| 2.6% | 0.1% | 6.7% MoM| 108.0% YoY| | Food inflation | 2.2% WoW |2.2% | 1.4% | 9.3% MoM| 110.1% YoY| Core inflation kept growing while seasonal items remained stable. Weekly core inflation was 1.1% WoW, below the previous 1.9% WoW, while its monthly printing was 7.3% MoM (similar to the previous 7.4 MoM). In addition, prices of seasonal items remained stable at...
SEIDO High Frequency CPI - February 17th 2023
Weekly inflation moderated but remains high. Consumer prices grew 1.2% WoW, lower than in the previous week (1.7% WoW). The monthly printing was 6% MoM, above the previous figure (5.7% MoM). Holding inflation constant for the rest of the month, given our previously published figures, inflation would be 5.4% MoM in February. The interannual rate was 108.6% YoY (vs 107.7% YoY -revised-). | Main figures| Previous week (published) |Previous (revised) | Current week| Monthly |Annual| | --- | --- | --- | --- | --- | --- | | Headline inflation| 1.7% WoW | 1.7% | 1.2% | 6.0% MoM| 108.6% YoY | | Core inflation| 2.3% WoW | 2.4% | 1.9% | 7.4% MoM| 102.5% YoY | | Dollarized core | 2.8% WoW | 2.9%| 1.7% | 7.7% MoM| 113.5% YoY | | Non-dollarized core | 2.1% WoW| 2.1% | 2.6% | 6.9% MoM| 112.2% YoY| | Food inflation | 3.4% WoW |3.5% | 2.2% | 9.2% MoM| 111.7% YoY| Core inflation kept growing while seasonal items prices turned negative. Weekly core inflation was 1.9% WoW, below the previous 2.4% WoW, while its monthly printing was 7.4% MoM (above the previous 6.6% MoM -revised-). In addition, prices of seasonal...
Hands on analysing Ecuador fiscal data with Alphacast
By Milagros Ricchini (mricchini@alphacast.io) Read more Alphacast Highlights here In this hands-on guide, we will show you how to use Alphacast Pipelines to automatize Latin American economies' analysis. In this case, we are going to make a graph of Ecuador's fiscal result and calculate its primary expenditure, which is not a variable of the dataset. First, we look for the dataset which contains the variables we need: Fiscal - Ecuador - BCE - Non Financial Public Sector Operations. The data excerpt in the overview of the dataset shows it contains multiple entities, this is useful information for the next steps in this guide, where we are going to transform the data using pipelines and create the graphs we need. So, the next step is to transform de data by clicking on the right top button "Transform Data" Now it's time for action! As we saw the dataset has multiple entities, first we are going to filter the ones we are interested in, which are overall result, primary result, total expenditures and total revenue included into the entity "Totals": When we click "Save & Preview Data" we can see the dataset we have now: As the entities "Fist Level" and "Second...
SEIDO High Frequency CPI: Inflation was 1.3% WoW
Weekly inflation accelerated. Consumer prices grew 1.3% WoW, significantly higher than the previous 0.8% WoW (revised). The monthly printing was 6.1% MoM, up from the previous 5.8% MoM (revised), and the interannual rate was 69.4% YoY (vs 69.6% YoY -revised-). Word of warning: data printings corresponds to the average of observations from Wednesday 29th to Tuesday 5th. We have already identified an aceleration of prices during Monday and Tuesday that put a floor of 2.0% on the inflation for this week. Core inflation and seasonal items cooled down, regulated prices heated up. Weekly core inflation was 0.04% WoW, considerably lower than the previous 0.6% WoW, and its monthly variation was of 4.8% MoM (vs 5.1% MoM -revised-). In addition, prices of seasonal items grew 1% WoW, lower than the previous 1.8% WoW (revised), and the monthly rate was 10.7% MoM (vs 8.9% MoM -revised-). Lastly, regulated prices rose 7.1% WoW, while their monthly printing was of 5.6% MoM (from previous 6.4% MoM -revised-). Prices of dollarized items cooled down while non-dollarized items remained hot. The weekly printing for dollarized items inflation was -0.2% WoW, below the previous 0.3% WoW, and its monthly printing was 4.7% MoM (vs previous 5.5% MoM)....
A short guide to Argentinean macro data
Interested in activity, prices, monetary, fiscal, external sector, and financial data for Argentina? There are loads of datasets, see for example this Repository which has oficial statistics from from different sources, INDEC's Repository and BCRA's Repository. If you are looking for data about Argentina you'll probably find it here. However, this short guide will help you find the basic "must-see" datasets. Argentina Country Profile Dashboard The starting point is our Argentina Macro Dashboard, a fully automatized Dashboard presenting up-to-date data. You can catch a glimpse and get a broad idea of the latest developments. The Charts are fully integrated with our datasets, so if you want to replicate any of them, you can download the source Dataset, or just click the button “Clone Chart” to reproduce the Chart inside our Platform. The main sources for the data used on this Dashboard come from the Central Bank of Argentina (BCRA), the National Institute of Statistics and Censuses (INDEC) and Argentina's Ministry of Economy (MECON). The data is fully integrated with our database which means once the sources release the data, our database will be instantaneously updated on our platform. Our Dashboard contains five sections: Activity, Prices, Money and Banking, Fiscal, External...
A short guide to Chilean macro data
Interested in activity, prices, monetary, fiscal, external sector, and financial data for Chile? There are loads of datasets, see for example this Repository which has oficial statistics from the country. If you are looking for data about Chile you'll probably find it here. However, this short guide will help you find the basic "must-see" datasets. Chile Country Profile Dashboard The starting point is our Chile Macro Dashboard, a fully automatized Dashboard presenting up-to-date data. You can catch a glimpse and get a broad idea of the latest developments. The Charts are fully integrated with our datasets, so if you want to replicate any of them, you can download the source Dataset, or just click the button “Clone Chart” to reproduce the Chart inside our Platform. The main sources for the data used on this Dashboard come from the Central Bank of Chile (BCCh), the National Institute of Statistics (INE) and the Chile's National Department of Tresaury (Min. Hacienda). The data is fully integrated with our database which means once the sources release the data, our database will be instantaneously updated on our platform. Our Dashboard contains five sections: Activity, Prices, Money and Banking, Fiscal, External Sector and Financial. Activity To...
