Waiting for the official Data of INDEC, which will be announced on Friday, economic consultants provide their first review of what happened in the first week of March.
Waiting for the official figure of February inflation that Indec will disseminate this Friday, a report from the Ecogo consultant He revealed what happened in the first week of March.
The month began with more moderate increases and some prices corrections. The chicken led the increaseswith a rise of 2.5%, highlighting the semi -participated, which increased 4.7%. In contrast, the vaccine meat experienced a slight fall of 0.1%, driven by the decrease in the rear cuts (-0.5%), although the front cuts rose 0.1%. In addition, the pig recorded a 0.8% decrease compared to the previous week.
He Vegetable sector also presented an increase of 2.1%driven by the growth of other fresh and frozen fruits (3%) and potatoes (0.5%). On the other hand, the fruits fell 3.2%, highlighting the decrease in the price of the apple (-2.5%) and other fruits (-6.9%), which exceeded the increase in citrus fruits (0.5%).
For its partthe beverage sector recorded a rise of 0.7%, mainly driven by the increase in soft drinks (1.4%), packaged water (1%) and juices/soft drinks (0.9%). In annual terms, drinks rose 66.1%.
Inflation projection for March
“The first week of March registered an increase of 0.3%, marking a strong reduction compared to the previous weeks, not having the impact of the increases in the meat. With this data and considering a projected rise of 0.5% for the coming weeks, The inflation of the food consumed within the home is expected to be 2.4% in March. If we incorporate the increases in food outside the home (2.8%), the indicator remains at 2.4%, “said the Consultant led by Marina Dal Poggetto.
Analysts estimate that March monthly inflation It could be located in 2.3%, although they clarify that this data is preliminary. Among the Factors that more can influence this month the increases in private schools (6%), prepaid (2.5%) and collective transport in the metropolitan area of Buenos Aires (10%), which promoted upward inflation.
Products with higher price increases in the first week of March
According to the Ecogo report, the products that registered the largest increases in the first week of March were chicken, fresh and frozen vegetables, soft drinks and packaged water.
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Source: Ambito
