In this framework, he highlighted that “Dairy and Vegetables” lead monthly inflation contributing one percentage point of weekly inflation.
According to the LCG Index, “ready-to-go foods” had a rise of 5.1%, followed by “vegetables” that grew 3.6% and “sugar, honey, sweets and cocoa” that registered a rise of 2, 8%.
Behind it appears “Condiments and other food products” with an increase of 2.7%; “dairy products and eggs” (+2.3%); “oils” (+1.6%); “drinks and infusions” (+1.5%); “fruits” (+1.4%); “meats” (+1.1%) and “bakery products” (+0.6%).
Meanwhile, he highlighted that the percentage of products with weekly increases was 24%.
Also, he indicated that The ranking of products that increased the most in October were: “dairy products and eggs” (+12%); “vegetables” (+9.9%) and “bakery products (+7.9%).
It should be noted that the consultant surveys the prices of 8,000 foods and beverages from 5 supermarkets
What did President Alberto Fernández say about the price increase?
President Alberto Fernández highlighted today that “inflation has been declining for two months,” and stated that “we all have to make a contribution and make an effort to continue in this downward process.”
“The State, through the measures that (Economy Minister) Sergio Massa has been taking, has done a lot to moderate what has to do with the fiscal part, which is a problem that concerns us and worries us, and we are in it’s“, assured the president in statements made this afternoon to the C5N cable signal from the Buenos Aires town of Pilar, where he attended the inauguration of a new industrial plant of the Whirpool firm.
Along these lines, Fernández maintained that “employers, those who work, also have to make their contribution, an effort that does not mean that they earn less but that they continue to create jobs, that salaries continue to beat inflation.”
“Inflation was not born now; two-digit inflation has been in Argentina for more than 15 years and we receive 54 points of inflation; we must bear this in mind,” said the head of state.
Likewise, he remarked that, in Argentina, “there is an inflationary inertia that is sustained and lowering it is going to cost a long time.”
Source: Ambito
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