The private consultants that survey prices every week register strong increases in fruits, dairy products, baked goods and noodles. In the case of LCG, headed by Guido Lorenzo, only the third week of January prices rose 1.5%, driven by the rise in meat (1.9%). In the last 4 weeks, the food and beverage index rose 4.2%, due to the impact of two items: dairy products and eggs, which rose 5.1%, and fruits, in the same proportion.
Along the same lines, the survey of prices in supermarkets carried out by the CESO Scalabrini Ortiz reports a hot last week in terms of prices. Only between January 10 and 17, there were increases of 0.9% weekly, which monthly increases to 3%, which leaves a higher projection than that observed in December. The study center chaired by Lorena Putero reported that what rose the most in the last month was fresh food (4.7%).
Within the category of fresh food, the CESO highlights increases of up to two digits in a month: eggs (11.6%), fruits and vegetables (9.4%), cold cuts (8.5%), cheeses (4, 8%) and pasta (3.7%). They also revealed strong increases in dry foods, which rose 3.7% in the last month. Within this category, the following stand out: baked goods (5.6%), cookies (5.6%) and cereals (4.3%).
The Eco Go consultancy also detected increases in the same line. In the second week of January, food prices rose 2.3%, the steepest rise since last July, for which the variation of the last 4 weeks reached 5%, with an average of 4.1%. This is due to the drag of the previous month and the end of frozen prices, described the consultant who heads Marina Dal Poggeto.
In the Eco Go surveys, the greatest monthly variations occur in fruits (10.1%), baked goods, cereals and pasta (7%). There were fruits like citrus that climbed 11.1%. The Ministry of Internal Trade analyzes alternatives so that fruits and vegetables can be in the basket of fresh products.
Impact
Rises in food prices, such as baked goods, noodles or meat, put pressure on price agreements, because sales values remain regulated and fixed for a period of time, while costs rise.
For this reason, the next agenda that the Ministry of Agriculture will maintain with the Secretariat of Internal Trade will be to advance in meetings to agree on the wheat and corn trusts. The internal analysis within the Government is that, if international prices are not “decoupled”, it is more difficult to guarantee all derivatives of commodities. One of the objectives of the trust is to regulate the price of a 25-kilo bag of industrial flour. In the industrial private sector they saw the negotiations slow down, but they discount that progress will end up, despite the rejection of the agricultural sector.
Source From: Ambito
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