According to the National Statistics Institute (INE), the inflation registered a monthly variation of 0.64% in Sept., while so far this year (January-Sept.) it accumulated 8.68% and in the last 12 months of 9.92%. The largest increases were registered in in food and beverages +1.21%; recreation and culture +1.04%; and housing +0.33%. The govt. estimates that inflation will reach 6% in 2022 and 3.7% by the end of 2024, according to the projections of the Budget bill presented by the Lacalle Pou’s administration.