10 regional economies They are already in crisis with respect to the 19 regional economies that Coninagro periodically measures.
The traffic light for the month of January shows: 2 green, 7 yellow and 10 red, following the trend of previous surveys.
It is the first post-devaluation reportwhich has a notable impact due to the change in the relative prices in costs, with a faster translation than in income.
The effects of the drought 2023 and the market does not support: stagnant exports and consumption with a lot of uncertainty, Coinangro explained.
Those found in strong crisis situation It is the poultry, sweet citrus, grains, milk, honey and wine and must sector. While with signs of crisis cotton, forestry, sheep and cassava activities appear.
Regional economies: prices and costs
Price increases (to the producer) occurred above the interannual inflation in 11 of the 19 activities, with a (simple) average value of +326%, while the remaining 8, below inflation they did so by +163%, almost halfway there. Heterogeneity is the rule in this behavior, with a wide range of dispersion, remembering that they are prices in current pesos. If the look is between November and Decemberthe simple averages of the monthly variations in producer prices in pesos were +38%, the biggest jump being in 2023.
The other side of prices, lThe average costs of the 19 activities grew +250% year-on-year in December 2023, with a maximum of +334% in the case of rice with diesel wells (Entre Ríos area).
Source: Ambito
