.{"id":1043,"date":"2022-06-16T19:53:03","date_gmt":"2022-06-16T19:53:03","guid":{"rendered":"https:\/\/staging.tellusant.com\/?p=1043"},"modified":"2025-03-31T20:14:26","modified_gmt":"2025-03-31T20:14:26","slug":"caracteristicas-de-la-inflacion","status":"publish","type":"post","link":"https:\/\/staging.tellusant.com\/es\/inflation-characteristics\/","title":{"rendered":"Caracter\u00edsticas de la inflaci\u00f3n"},"content":{"rendered":"<div class=\"il im in io ip\">\n<p id=\"08f3\" class=\"pw-post-body-paragraph kd ke jg kf b kg kh ki kj kk kl km kn ko kp kq kr ks kt ku kv kw kx ky kz la il fu\" data-selectable-paragraph=\"\">Repasamos c\u00f3mo se mide la inflaci\u00f3n en un \u00edndice de precios al consumo, en qu\u00e9 se diferencia entre pa\u00edses y cu\u00e1les son las caracter\u00edsticas actuales de la inflaci\u00f3n.<\/p>\n<h1 style=\"font-size: 0.2rem;\">Caracter\u00edsticas de la inflaci\u00f3n<\/h1>\n<p id=\"d4d0\" class=\"pw-post-body-paragraph kd ke jg kf b kg kh ki kj kk kl km kn ko kp kq kr ks kt ku kv kw kx ky kz la il fu\" data-selectable-paragraph=\"\">Esto sirve de tel\u00f3n de fondo a las cuatro partes siguientes, que examinan cada vez m\u00e1s la inflaci\u00f3n desde una perspectiva de gesti\u00f3n.<\/p>\n<h4 id=\"19a2\" class=\"acr acs jg bm act nl acu nm no np acv nq ns ko acw nt nv ks acx nw ny kw acy nz ob acz fu\">Definiciones<\/h4>\n<p id=\"7e13\" class=\"pw-post-body-paragraph kd ke jg kf b kg aea ki kj kk aeb km kn ko aec kq kr ks aed ku kv kw aee ky kz la il fu\" data-selectable-paragraph=\"\">La inflaci\u00f3n es la tasa de variaci\u00f3n del nivel de precios. Es decir, es la primera derivada del nivel de precios = d(nivel de precios)\/dt (y debe considerarse como una velocidad).<\/p>\n<p id=\"8b64\" class=\"pw-post-body-paragraph kd ke jg kf b kg kh ki kj kk kl km kn ko kp kq kr ks kt ku kv kw kx ky kz la il fu\" data-selectable-paragraph=\"\">Si la inflaci\u00f3n aumenta o disminuye, tenemos aceleraci\u00f3n o desaceleraci\u00f3n del nivel de precios. Es decir, variaci\u00f3n de la inflaci\u00f3n = d(inflaci\u00f3n)\/dt = d\u00b2(nivel de precios)\/dt\u00b2.<\/p>\n<p id=\"137d\" class=\"pw-post-body-paragraph kd ke jg kf b kg kh ki kj kk kl km kn ko kp kq kr ks kt ku kv kw kx ky kz la il fu\" data-selectable-paragraph=\"\">La inflaci\u00f3n suele medirse como la variaci\u00f3n del \u00edndice de precios al consumo (IPC). Suele abarcar el gasto de los consumidores urbanos. Una definici\u00f3n m\u00e1s amplia es el deflactor del PIB, que abarca toda la econom\u00eda.<\/p>\n<p id=\"6f1a\" class=\"pw-post-body-paragraph kd ke jg kf b kg kh ki kj kk kl km kn ko kp kq kr ks kt ku kv kw kx ky kz la il fu\" data-selectable-paragraph=\"\">El IPC tiene la ventaja de estar disponible r\u00e1pidamente. Sin embargo, el deflactor del PIB es una medida mejor, sobre todo en pa\u00edses donde los consumidores urbanos no reflejan el panorama nacional.<\/p>\n<h4 id=\"7156\" class=\"acr acs jg bm act nl acu nm no np acv nq ns ko acw nt nv ks acx nw ny kw acy nz ob acz fu\">Indicadores de inflaci\u00f3n<\/h4>\n<p id=\"5a52\" class=\"pw-post-body-paragraph kd ke jg kf b kg aea ki kj kk aeb km kn ko aec kq kr ks aed ku kv kw aee ky kz la il fu\" data-selectable-paragraph=\"\">La inflaci\u00f3n suele ser positiva, los precios aumentan. 0-3% puede considerarse normal, 3-6% es alto, y por encima de 6% es problem\u00e1tico.<\/p>\n<p id=\"e35f\" class=\"pw-post-body-paragraph kd ke jg kf b kg kh ki kj kk kl km kn ko kp kq kr ks kt ku kv kw kx ky kz la il fu\" data-selectable-paragraph=\"\">El siguiente gr\u00e1fico muestra la inflaci\u00f3n en Estados Unidos desde 1970.<\/p>\n<figure class=\"lb lc ld le gr iu gf gg paragraph-image\">\n<div class=\"iv iw do ix ce iy\" tabindex=\"0\" role=\"button\">\n<div class=\"gf gg aef\"><img decoding=\"async\" class=\"ce iz ja c aligncenter\" src=\"https:\/\/miro.medium.com\/max\/1400\/1*Vgd59fSdVdyE2igIKJBkLA.jpeg\" sizes=\"(min-resolution: 4dppx) and (max-width: 700px) 50vw, (-webkit-min-device-pixel-ratio: 4) and (max-width: 700px) 50vw, (min-resolution: 3dppx) and (max-width: 700px) 67vw, (-webkit-min-device-pixel-ratio: 3) and (max-width: 700px) 65vw, (min-resolution: 2.5dppx) and (max-width: 700px) 80vw, (-webkit-min-device-pixel-ratio: 2.5) and (max-width: 700px) 80vw, (min-resolution: 2dppx) and (max-width: 700px) 100vw, (-webkit-min-device-pixel-ratio: 2) and (max-width: 700px) 100vw, 700px\" srcset=\"https:\/\/miro.medium.com\/max\/640\/1*Vgd59fSdVdyE2igIKJBkLA.jpeg 640w, https:\/\/miro.medium.com\/max\/720\/1*Vgd59fSdVdyE2igIKJBkLA.jpeg 720w, https:\/\/miro.medium.com\/max\/750\/1*Vgd59fSdVdyE2igIKJBkLA.jpeg 750w, https:\/\/miro.medium.com\/max\/786\/1*Vgd59fSdVdyE2igIKJBkLA.jpeg 786w, https:\/\/miro.medium.com\/max\/828\/1*Vgd59fSdVdyE2igIKJBkLA.jpeg 828w, https:\/\/miro.medium.com\/max\/1100\/1*Vgd59fSdVdyE2igIKJBkLA.jpeg 1100w, https:\/\/miro.medium.com\/max\/1400\/1*Vgd59fSdVdyE2igIKJBkLA.jpeg 1400w\" alt=\"Tellusant - U.S. inflation 1970- (inflaci\u00f3n; CEO; gesti\u00f3n; negocio global)\" width=\"700\" \/><\/div>\n<\/div>\n<\/figure>\n<p id=\"ecc2\" class=\"pw-post-body-paragraph kd ke jg kf b kg kh ki kj kk kl km kn ko kp kq kr ks kt ku kv kw kx ky kz la il fu\" data-selectable-paragraph=\"\">Como puede verse, la inflaci\u00f3n actual es problem\u00e1tica y s\u00f3lo dos periodos anteriores han superado la inflaci\u00f3n actual. Esos dos periodos viven en la infamia, as\u00ed que lo que vemos ahora es un fracaso de los responsables pol\u00edticos.<\/p>\n<p id=\"23ab\" class=\"pw-post-body-paragraph kd ke jg kf b kg kh ki kj kk kl km kn ko kp kq kr ks kt ku kv kw kx ky kz la il fu\" data-selectable-paragraph=\"\">Tambi\u00e9n es interesante la variaci\u00f3n de la inflaci\u00f3n (es decir, la aceleraci\u00f3n del nivel de precios). El gr\u00e1fico siguiente muestra la aceleraci\u00f3n desde 2020 con la inflaci\u00f3n a\u00f1adida como l\u00ednea de puntos. Obs\u00e9rvese que la aceleraci\u00f3n no se mide en porcentaje.<\/p>\n<figure class=\"lb lc ld le gr iu gf gg paragraph-image\">\n<div class=\"iv iw do ix ce iy\" tabindex=\"0\" role=\"button\">\n<div class=\"gf gg aeg\"><img decoding=\"async\" class=\"ce iz ja c aligncenter\" src=\"https:\/\/miro.medium.com\/max\/1400\/1*GNfJTDgrmkpZPHhBHDkaPg.png\" sizes=\"(min-resolution: 4dppx) and (max-width: 700px) 50vw, (-webkit-min-device-pixel-ratio: 4) and (max-width: 700px) 50vw, (min-resolution: 3dppx) and (max-width: 700px) 67vw, (-webkit-min-device-pixel-ratio: 3) and (max-width: 700px) 65vw, (min-resolution: 2.5dppx) and (max-width: 700px) 80vw, (-webkit-min-device-pixel-ratio: 2.5) and (max-width: 700px) 80vw, (min-resolution: 2dppx) and (max-width: 700px) 100vw, (-webkit-min-device-pixel-ratio: 2) and (max-width: 700px) 100vw, 700px\" srcset=\"https:\/\/miro.medium.com\/max\/640\/1*GNfJTDgrmkpZPHhBHDkaPg.png 640w, https:\/\/miro.medium.com\/max\/720\/1*GNfJTDgrmkpZPHhBHDkaPg.png 720w, https:\/\/miro.medium.com\/max\/750\/1*GNfJTDgrmkpZPHhBHDkaPg.png 750w, https:\/\/miro.medium.com\/max\/786\/1*GNfJTDgrmkpZPHhBHDkaPg.png 786w, https:\/\/miro.medium.com\/max\/828\/1*GNfJTDgrmkpZPHhBHDkaPg.png 828w, https:\/\/miro.medium.com\/max\/1100\/1*GNfJTDgrmkpZPHhBHDkaPg.png 1100w, https:\/\/miro.medium.com\/max\/1400\/1*GNfJTDgrmkpZPHhBHDkaPg.png 1400w\" alt=\"Tellusant - Cambio en la inflaci\u00f3n estadounidense 2020- (inflaci\u00f3n; CEO; gesti\u00f3n; negocio global)\" width=\"700\" \/><\/div>\n<\/div>\n<\/figure>\n<p id=\"db0e\" class=\"pw-post-body-paragraph kd ke jg kf b kg kh ki kj kk kl km kn ko kp kq kr ks kt ku kv kw kx ky kz la il fu\" data-selectable-paragraph=\"\">La aceleraci\u00f3n ha sido excepcionalmente alta en lo que va de a\u00f1o. Aunque mayo parece mejor que febrero, los cinco meses de este a\u00f1o est\u00e1n en el top 8% de meses desde 1970.<\/p>\n<p id=\"8f5b\" class=\"pw-post-body-paragraph kd ke jg kf b kg kh ki kj kk kl km kn ko kp kq kr ks kt ku kv kw kx ky kz la il fu\" data-selectable-paragraph=\"\">Por lo tanto, no hay ninguna se\u00f1al de que la inflaci\u00f3n est\u00e9 bajo control y disminuyendo.<\/p>\n<h4 id=\"0c66\" class=\"acr acs jg bm act nl acu nm no np acv nq ns ko acw nt nv ks acx nw ny kw acy nz ob acz fu\">Comparaci\u00f3n internacional<\/h4>\n<p id=\"614a\" class=\"pw-post-body-paragraph kd ke jg kf b kg aea ki kj kk aeb km kn ko aec kq kr ks aed ku kv kw aee ky kz la il fu\" data-selectable-paragraph=\"\">\u00bfCu\u00e1l es el panorama mundial? El siguiente gr\u00e1fico muestra las 10 mayores econom\u00edas (Rusia excluida). La inflaci\u00f3n var\u00eda mucho y nada indica que todos los pa\u00edses vayan a verse afectados.<\/p>\n<figure class=\"lb lc ld le gr iu gf gg paragraph-image\">\n<div class=\"iv iw do ix ce iy\" tabindex=\"0\" role=\"button\">\n<div class=\"gf gg aeh\"><img decoding=\"async\" class=\"ce iz ja c aligncenter\" src=\"https:\/\/miro.medium.com\/max\/1400\/1*BO0U09xJlLdGVl9yiCw4FQ.png\" sizes=\"(min-resolution: 4dppx) and (max-width: 700px) 50vw, (-webkit-min-device-pixel-ratio: 4) and (max-width: 700px) 50vw, (min-resolution: 3dppx) and (max-width: 700px) 67vw, (-webkit-min-device-pixel-ratio: 3) and (max-width: 700px) 65vw, (min-resolution: 2.5dppx) and (max-width: 700px) 80vw, (-webkit-min-device-pixel-ratio: 2.5) and (max-width: 700px) 80vw, (min-resolution: 2dppx) and (max-width: 700px) 100vw, (-webkit-min-device-pixel-ratio: 2) and (max-width: 700px) 100vw, 700px\" srcset=\"https:\/\/miro.medium.com\/max\/640\/1*BO0U09xJlLdGVl9yiCw4FQ.png 640w, https:\/\/miro.medium.com\/max\/720\/1*BO0U09xJlLdGVl9yiCw4FQ.png 720w, https:\/\/miro.medium.com\/max\/750\/1*BO0U09xJlLdGVl9yiCw4FQ.png 750w, https:\/\/miro.medium.com\/max\/786\/1*BO0U09xJlLdGVl9yiCw4FQ.png 786w, https:\/\/miro.medium.com\/max\/828\/1*BO0U09xJlLdGVl9yiCw4FQ.png 828w, https:\/\/miro.medium.com\/max\/1100\/1*BO0U09xJlLdGVl9yiCw4FQ.png 1100w, https:\/\/miro.medium.com\/max\/1400\/1*BO0U09xJlLdGVl9yiCw4FQ.png 1400w\" alt=\"Tellusant - Comparaci\u00f3n de la inflaci\u00f3n por grandes pa\u00edses (inflaci\u00f3n; CEO; gesti\u00f3n; negocio global)\" width=\"700\" \/><\/div>\n<\/div>\n<\/figure>\n<p id=\"3a8c\" class=\"pw-post-body-paragraph kd ke jg kf b kg kh ki kj kk kl km kn ko kp kq kr ks kt ku kv kw kx ky kz la il fu\" data-selectable-paragraph=\"\">La OCDE tambi\u00e9n publica una previsi\u00f3n de inflaci\u00f3n y, para la mayor\u00eda de los pa\u00edses con inflaci\u00f3n elevada mencionados, la inflaci\u00f3n se situar\u00e1 en la horquilla 5-10% a finales de 2023.<\/p>\n<h4 id=\"1e68\" class=\"acr acs jg bm act nl acu nm no np acv nq ns ko acw nt nv ks acx nw ny kw acy nz ob acz fu\">Componentes del IPC<\/h4>\n<p id=\"6061\" class=\"pw-post-body-paragraph kd ke jg kf b kg aea ki kj kk aeb km kn ko aec kq kr ks aed ku kv kw aee ky kz la il fu\" data-selectable-paragraph=\"\">Por \u00faltimo, este art\u00edculo introductorio sobre las caracter\u00edsticas de la inflaci\u00f3n analiza qu\u00e9 es lo que est\u00e1 inflando. O\u00edmos hablar mucho de los alimentos y la gasolina, pero \u00bfcu\u00e1les son los otros componentes del IPC (estos otros componentes se denominan IPC subyacente).<\/p>\n<p id=\"f32b\" class=\"pw-post-body-paragraph kd ke jg kf b kg kh ki kj kk kl km kn ko kp kq kr ks kt ku kv kw kx ky kz la il fu\" data-selectable-paragraph=\"\">El IPC est\u00e1 estandarizado globalmente en torno al marco COIPOC. Tiene 12 divisiones\u00b9 (peso medio mundial entre par\u00e9ntesis):<\/p>\n<ul class=\"\">\n<li id=\"2a9a\" class=\"acc acd jg kf b kg kh kk kl ko ace ks acf kw acg la ach aci acj ack fu\" data-selectable-paragraph=\"\">Vivienda y servicios p\u00fablicos (25%)<\/li>\n<li id=\"d764\" class=\"acc acd jg kf b kg acl kk acm ko acn ks aco kw acp la ach aci acj ack fu\" data-selectable-paragraph=\"\">Alimentaci\u00f3n (22%)<\/li>\n<li id=\"8883\" class=\"acc acd jg kf b kg acl kk acm ko acn ks aco kw acp la ach aci acj ack fu\" data-selectable-paragraph=\"\">Transporte (11%)<\/li>\n<li id=\"3d19\" class=\"acc acd jg kf b kg acl kk acm ko acn ks aco kw acp la ach aci acj ack fu\" data-selectable-paragraph=\"\">HORECA\u00b2 (6%)<\/li>\n<li id=\"3fe4\" class=\"acc acd jg kf b kg acl kk acm ko acn ks aco kw acp la ach aci acj ack fu\" data-selectable-paragraph=\"\">Ocio (6%)<\/li>\n<li id=\"d5bf\" class=\"acc acd jg kf b kg acl kk acm ko acn ks aco kw acp la ach aci acj ack fu\" data-selectable-paragraph=\"\">Ropa (6%)<\/li>\n<li id=\"953f\" class=\"acc acd jg kf b kg acl kk acm ko acn ks aco kw acp la ach aci acj ack fu\" data-selectable-paragraph=\"\">Mobiliario y menaje (5%)<\/li>\n<li id=\"5a2d\" class=\"acc acd jg kf b kg acl kk acm ko acn ks aco kw acp la ach aci acj ack fu\" data-selectable-paragraph=\"\">Salud (4%)<\/li>\n<li id=\"86f3\" class=\"acc acd jg kf b kg acl kk acm ko acn ks aco kw acp la ach aci acj ack fu\" data-selectable-paragraph=\"\">Comunicaciones (4%)<\/li>\n<li id=\"89c2\" class=\"acc acd jg kf b kg acl kk acm ko acn ks aco kw acp la ach aci acj ack fu\" data-selectable-paragraph=\"\">Educaci\u00f3n (3%)<\/li>\n<li id=\"e323\" class=\"acc acd jg kf b kg acl kk acm ko acn ks aco kw acp la ach aci acj ack fu\" data-selectable-paragraph=\"\">Bebidas alcoh\u00f3licas y tabaco (3%)<\/li>\n<li id=\"9664\" class=\"acc acd jg kf b kg acl kk acm ko acn ks aco kw acp la ach aci acj ack fu\" data-selectable-paragraph=\"\">Varios (5%)<\/li>\n<\/ul>\n<p id=\"2f22\" class=\"pw-post-body-paragraph kd ke jg kf b kg kh ki kj kk kl km kn ko kp kq kr ks kt ku kv kw kx ky kz la il fu\" data-selectable-paragraph=\"\">Los pesos por pa\u00eds var\u00edan mucho, como puede verse en el gr\u00e1fico siguiente.<\/p>\n<figure class=\"lb lc ld le gr iu gf gg paragraph-image\">\n<div class=\"iv iw do ix ce iy\" tabindex=\"0\" role=\"button\">\n<div class=\"gf gg aei\"><img decoding=\"async\" class=\"ce iz ja c aligncenter\" src=\"https:\/\/miro.medium.com\/max\/1400\/1*krN-ahmL_2hNLG0tN2rUyw.png\" sizes=\"(min-resolution: 4dppx) and (max-width: 700px) 50vw, (-webkit-min-device-pixel-ratio: 4) and (max-width: 700px) 50vw, (min-resolution: 3dppx) and (max-width: 700px) 67vw, (-webkit-min-device-pixel-ratio: 3) and (max-width: 700px) 65vw, (min-resolution: 2.5dppx) and (max-width: 700px) 80vw, (-webkit-min-device-pixel-ratio: 2.5) and (max-width: 700px) 80vw, (min-resolution: 2dppx) and (max-width: 700px) 100vw, (-webkit-min-device-pixel-ratio: 2) and (max-width: 700px) 100vw, 700px\" srcset=\"https:\/\/miro.medium.com\/max\/640\/1*krN-ahmL_2hNLG0tN2rUyw.png 640w, https:\/\/miro.medium.com\/max\/720\/1*krN-ahmL_2hNLG0tN2rUyw.png 720w, https:\/\/miro.medium.com\/max\/750\/1*krN-ahmL_2hNLG0tN2rUyw.png 750w, https:\/\/miro.medium.com\/max\/786\/1*krN-ahmL_2hNLG0tN2rUyw.png 786w, https:\/\/miro.medium.com\/max\/828\/1*krN-ahmL_2hNLG0tN2rUyw.png 828w, https:\/\/miro.medium.com\/max\/1100\/1*krN-ahmL_2hNLG0tN2rUyw.png 1100w, https:\/\/miro.medium.com\/max\/1400\/1*krN-ahmL_2hNLG0tN2rUyw.png 1400w\" alt=\"Tellusant - Componentes del IPC (inflaci\u00f3n; CEO; gesti\u00f3n; negocio global)\" width=\"700\" \/><\/div>\n<\/div>\n<\/figure>\n<p id=\"179e\" class=\"pw-post-body-paragraph kd ke jg kf b kg kh ki kj kk kl km kn ko kp kq kr ks kt ku kv kw kx ky kz la il fu\" data-selectable-paragraph=\"\">Los pa\u00edses pobres gastan mucho en alimentos. Los pa\u00edses ricos gastan relativamente menos en alimentos (pero m\u00e1s en t\u00e9rminos absolutos). La vivienda es, en cambio, la mayor divisi\u00f3n del IPC.<\/p>\n<p id=\"6808\" class=\"pw-post-body-paragraph kd ke jg kf b kg kh ki kj kk kl km kn ko kp kq kr ks kt ku kv kw kx ky kz la il fu\" data-selectable-paragraph=\"\">La gasolina es una peque\u00f1a parte en todos los pa\u00edses. Es una subdivisi\u00f3n del transporte. En Estados Unidos, la gasolina s\u00f3lo representa 3% del gasto de consumo (o 20% de la divisi\u00f3n de transporte). La raz\u00f3n por la que se discute tanto es que es f\u00e1cil de entender. Cualquier ciudadano puede comparar los precios de la gasolina. Esto es imposible para la mayor\u00eda de la gente cuando se trata de divisiones complejas como la educaci\u00f3n o la sanidad.<\/p>\n<p id=\"2d83\" class=\"pw-post-body-paragraph kd ke jg kf b kg kh ki kj kk kl km kn ko kp kq kr ks kt ku kv kw kx ky kz la il fu\" data-selectable-paragraph=\"\">La mezcla de las divisiones en cada pa\u00eds tiene importantes implicaciones en la reacci\u00f3n de los consumidores ante una inflaci\u00f3n elevada. Volveremos sobre este tema.<\/p>\n<\/div>\n<p><!--more--><\/p>\n<div class=\"o dx lj lk hx ll\" style=\"text-align: center;\" role=\"separator\"><span class=\"box\">-<\/span> \u00a0 <span class=\"box\">-<\/span> \u00a0 <span class=\"box\">-<\/span><\/div>\n<div class=\"il im in io ip\">\n<p id=\"ec68\" class=\"pw-post-body-paragraph kd ke jg kf b kg kh ki kj kk kl km kn ko kp kq kr ks kt ku kv kw kx ky kz la il fu\" data-selectable-paragraph=\"\">Esta visi\u00f3n general de las caracter\u00edsticas de la inflaci\u00f3n es un trampol\u00edn para la \u00faltima parte de esta serie. A continuaci\u00f3n, mostraremos qu\u00e9 impulsa la inflaci\u00f3n. Nos centraremos en Estados Unidos, pero hay implicaciones mundiales.<\/p>\n<\/div>\n<div class=\"o dx lj lk hx ll\" style=\"text-align: center;\" role=\"separator\">\n<hr \/>\n<\/div>\n<div class=\"il im in io ip\">\n<p id=\"fc01\" class=\"pw-post-body-paragraph kd ke jg kf b kg kh ki kj kk kl km kn ko kp kq kr ks kt ku kv kw kx ky kz la il fu\" data-selectable-paragraph=\"\">La experiencia y el conjunto de productos de Tellusant ayudan a las empresas a gestionar eficazmente la alta inflaci\u00f3n. Para obtener m\u00e1s informaci\u00f3n, p\u00f3ngase en contacto con nosotros rellenando este formulario. <a href=\"https:\/\/staging.tellusant.com\/es\/pongase-en-contacto-con-tellusant\/\" target=\"_blank\" rel=\"noopener\">formulario<\/a> o enviando un correo electr\u00f3nico a <a href=\"mailto:info@tellusant.com\">info@tellusant.com<\/a>.<\/p>\n<p data-selectable-paragraph=\"\"><span class=\"break-words\"><span dir=\"ltr\">T\u00e9rminos de uso: <a href=\"https:\/\/creativecommons.org\/licenses\/by-nc-nd\/4.0\/\" target=\"_blank\" rel=\"noopener\">CC BY-NC-ND 4.0<\/a><\/span><\/span><\/p>\n<\/div>\n<div class=\"o dx lj lk hx ll\" style=\"text-align: center;\" role=\"separator\">\n<hr \/>\n<\/div>\n<div class=\"il im in io ip\">\n<p id=\"19d4\" class=\"pw-post-body-paragraph kd ke jg kf b kg kh ki kj kk kl km kn ko kp kq kr ks kt ku kv kw kx ky kz la il fu\" data-selectable-paragraph=\"\">\u00b9 Llamado \"divisiones\" por raz\u00f3n desconocida<\/p>\n<p id=\"d306\" class=\"pw-post-body-paragraph kd ke jg kf b kg kh ki kj kk kl km kn ko kp kq kr ks kt ku kv kw kx ky kz la il fu\" data-selectable-paragraph=\"\">Hoteles, restaurantes y comedores<\/p>\n<\/div>","protected":false},"excerpt":{"rendered":"<p>En la primera parte de nuestra serie de cinco art\u00edculos sobre la inflaci\u00f3n, repasamos c\u00f3mo se mide la inflaci\u00f3n en un \u00edndice de precios al consumo, c\u00f3mo difiere entre pa\u00edses y el nivel actual de inflaci\u00f3n...<\/p>","protected":false},"author":1,"featured_media":1044,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"cybocfi_hide_featured_image":"","footnotes":"","_links_to":"","_links_to_target":""},"categories":[24],"tags":[],"class_list":["post-1043","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ideas-thoughts-category"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast 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