The entity also highlighted that “For the first time in the year, all categories presented increases of less than 2% per week”while the monthly accumulated (taken from the moving average of the last four weeks) was 5%, the lowest variation since the 4.9% of the first week of June.
In this way, food prices show their fourth consecutive drop in its monthly measurement, from 8% in the third week of October.
Subsequently, the consultancy directed by Guido Lorenzo reported a 7.9% for the fourth week of October, 7.1% for the first of November and 6.1% for the second of the current month.
LCG attributed the decline in percentages to “the dynamics in the price of meat”, which with 1.9% monthly (0.1% weekly) was the category with the lowest variation so far in November.
The “Fruits” category led the monthly increases with 12.4%, followed by “Dairy products and eggs” (7.4%), “Condiments and other food products” (7.2%), Sugar, honey, sweets and cocoa (7.1%), “Bread products, cereals and pasta” (6.4%), “Ready-to-go meals” (6.1%) and “Oils (5.1%).
Below the average of 5% were located “Drinks and infusions to consume at home” (4.8%), “Vegetables” (4.1%) and “Meats” (1.9%).
In the weekly measurement, “Drinks and infusions to consume at home” and “Vegetables” led the increases, in both cases with 1.3%.
Then “Oils” (1.2%), “Ready-to-go meals” (1%), “Dairy products and eggs” and “Condiments and other food products” (both with 0.8%) and “Products of bakery, cereals and pasta” (0.7%).
Less than the 0.56% average had the categories “Meat” and “Sugar, honey, sweets and cocoa” (both with 0.1%), while “Vegetables” showed a fall of 0.4%.
Source: Ambito
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