According to a weekly survey by one of the most widely read consulting firms in the city, food prices have increased by an average of 3.9% over the last four weeks.
The food prices registered a rise of 0.2% during the fourth week of July. This figure reflected a slowdown of 0.4 percentage points compared to the previous seven days. In this way, the value of the basket of basic products increased by 3.9% in the seventh month of the year. Dairy products, baked goods and meats were the categories that drove the monthly variation.
According to the weekly survey of the LCG consultancy, Food prices have increased by an average of 3.9% over the last four weeks and 3.1% from end to end in the same period. Thus, the numbers show a slowdown in the rate of price increases of food on the shelves.
Private sector projections show that the monthly price variation for the seventh month will be around 4%. In June, basic products rose 3%.
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Food inflation: the list of products that increased the most in July
According to LCG, food registered an average inflation of 3.9% in the last four weeks. Meanwhile, measured from end to end, food products basic basket rose 3.1%.
The report indicated that meats, dairy products and baked goods accounted for 64% of the monthly price variation. Meanwhile, three of the ten categorieswere above average. Vegetables and bread were the products that rose the most in July, closing at 6.7% and 5.2%, respectively.
Below are the variations of the 10 categories that it covers LCG:
- Vegetables: 6.7%;
- Bread, cereals and pasta: 5.2%;
- Dairy and eggs: 4.1%;
- Condiments and other food products: 3.7%;
- Beverages and infusions: 3.5%;
- Meats: 3.5%;
- Ready-to-go meals: 2.6%;
- Oils: 1.4%;
- Fruits: 1%;
- Sugar: 0.1%.
What happened to food prices in the last week of July
In the last week of July, a price drop in four Of the 10 categories surveyed, including oil and ready meals. The category that scored the highest recoil was the sugar with a -6.4%. In this way, the weekly inflation in the basket of basic products closed at 0.2%.
The products that They went up in price in the last week of July were:
When will the INDEC inflation data for July be known?
He INDEC will publish the price index to the consumer of July (IPC) this Wednesday August 14thAccording to private projections, the seventh month will be with a monthly variation of around 4%.
In June, prices rose 4.6% and accumulated 271.5% in the last 12 months. The monthly variation in food was 3% in the sixth month of the year.
Source: Ambito
