In the third week of March, food increased by 0.5%, which reflects that in the last four weeks the accumulated increase is 5%. Compared to the previous period, they slowed down 0.7 percentage points, since in the previous week, the estimate for the four weeks was 5.7%.
Food prices rose 5% in the last four weeks and reflect a slowdown for the fourth week in a rowaccording to a report by the consulting firm LCG.
In the third week of March food increased by 0.5%, which reflects that in the last four weeks the accumulated increase is 5%. Compared to the previous period, they slowed down 0.7 percentage points, since in the previous week, the estimate for the four weeks was 5.7%.
In the inflation data for February (which reached a 6.6% monthly rise) the variation in food stood out, which registered a rise of 9.8% in the month. Among them, the increase in meats, which grew by nearly 30%, stood out.
Besidesthe basic food basket, that delimits the line of indigence, jumped 11.7% in February, while a family needed $177,062.87 to not be poorreported this Thursday, March 16, the INDEC (National Institute of Statistics and Censuses). In both measurements they were well above last month’s inflation, which was 6.6%.
According to LCG, between the third week of March and the third week of February, increases were led by baked goods (8.2%), dairy (6.4%) and meats (6%).
Of the set of foods, only 8% showed increases in the week of the month studied. The survey is carried out on 8,000 products distributed in five supermarkets with cuts on Wednesdays.
From the Argentine Confederation of Medium Enterprises (CAME) warned that the combination of drought With the heat wave and some late frosts in harvesting areas, production was damaged and they warn of the impact on the gondola. The high temperatures burned green leafy vegetables and damaged fruits, causing a sharp drop in supply and a jump in origin prices. The drop in purchasing power limited these costs from being fully transferred to the gondola.
Source: Ambito
