Bolivia’s inflation rate increased by 0.5% MoM in June, led by rising food prices, continuing from a 0.6% increase in May. The Inflation rate reached 3.8%, a significant jump from 2.1% in 2023. Factors such as import rationing and discrepancies in the parallel FX market are influencing domestic prices, although the presence of heavily subsidized goods in the CPI basket has somewhat dampened the impact on official inflation figures.