The February inflation He accelerated to 2.4%, 0.2 percentage points above January, According to the measurement of National Institute of Statistics and Census (INDEC). The figure, which implies a year -on -year increase of 66.9%, It was highlighted by Javier Mileihowever, he stated that he could have been lower.
“If we clean the punctual effect of what has happened with the meat, the inflation rate would have been 1.8%. In turn, March also has seasonality issues, but to maintain the economic course, In April/May, 2% could be broken“, It was the president’s analysis, published on social networks.
February inflation: Increase in meat
As expected, the great traction for the acceleration of the IPC It was the meat and its derivatives that rose between 7% and 10%, depending on the region, and led to the item of Non -alcoholic food and drinks to increase 3.2%, being the one greater incidence in all regions.
“The key was at the price of the flesh: the kilo of roast rose 10% in Greater Buenos Aires”exemplified capraulo.
The meat and its derivatives suffered strong price increases, even 9.7%, as was the case of the region Patagonian. In variation, they followed Whose with the 9.3%, he Northwest with the 8.1%, he Greater Buenos Aires with the 7.6%, the Pampeana with the 7.1% and the Northeast with the 5.6%.
The main factors behind this increase included recent rains throughout the country, although also “to the lack of offer (still with droughts of the 2023 drought and with a stronger international market that leads to modifying productive strategies) and the elimination of export rights”, as Bisang explained.
The food basket scored its largest rise in six months
The cost of Basic food basket (CBA)which measures the indigence line, climbed 3.2% in February, the highest record since September of last year. The total basic basket (CBT), which determines the poverty line, also accelerated, although at a lower pace.
CBT increased 2.3%maximum since October 2024. Thus, a “type” family, composed of two adults and two children, needed in the second month of the year $ 1,057,923 so as not to be considered pooraccording to the official methodology, while not to fall into destitution required $ 468,108.
It is worth remembering that the CBA is determined taking into account the essential nutritional needs of an adult male between 30 and 60 years old, of moderate physical activity, considered as “equivalent adult” (for example, when the basket of a family is calculated, a 5 -year -old boy is equivalent to 0.60 equivalent adults). Food and their amounts are selected according to the consumption habits of the population that arise from the National Household Expenses Survey (ENGHO) of Indec himself.
To determine the CBT, the CBA is extended by applying a coefficient that contemplates the relationship between food expenses and total expenses observed in the reference population.
Source: Ambito
