Low temperatures caused losses in vegetable production, reduced supply and put pressure on prices. LCG estimated a 4.6% increase in the third week of July.
Low temperatures affected the supply of fruits and vegetables in the Province of Buenos Aires, and caused an increase in prices in recent days. This adds additional pressure to the data inflation July, which INDEC will officially announce in early August.
From the Federation of Social Economy Workers (FETRAES) They revealed that the cold wave caused Losses of up to 70% of production in the fruit and vegetable belt of La Plata, Berazategui and Florencio Varela, which is generating shortages of different products, resulting in a consequent increase in prices.
Fruits Vegetables Inflation Consumption Basic Basket
Mariano Fuchila
Inflation: vegetable prices rise
The adjustment in the values of these foods is already beginning to be reflected in the measurements of inflation. In the third week of July, the consulting firm’s indicator LCG estimated that the price variation reached 0.6% in food and beverages, which was explained primarily by the rise in the item Vegetables (4.6%)followed by Oils (3.2%) and Dairy products and eggs (1.8%).
The manager of a greengrocer located in the Balvanera neighborhood in the City of Buenos Aires confirmed this Tuesday in a conversation with Radio Rivadavia that the increases are “due to the issue of frost” and anticipated that the prices “they will increase even more”.
When reviewing different values of vegetables that he sells, he explained that the cabbage white is $4,400 per kilo and the lettuce is between $7,000 and $8,000. In addition, he pointed out that the two kilos of dad are $1,800 and highlighted strong increases in products in Soy, zucchini, squash and tomato.
In this context, he said that the jump in prices is reflected in lower consumption. “Before they carried one or two kilos and now only half a kilo or barely a kilo”he said.
Source: Ambito
