But February -for the director of the consulting firm Focus Market- will also register a high percentage, of at least 4%.
“February will have a floor of 4%. And in January we expect very important increases, for example: flour 14%, jam 13.7%, beer 13.2%, sugar 11.6%, mineral water 8.8%”he pointed out.
And safe: “In the last six months, we have never measured series with double-digit increases in any product. That’s what happened in January.”
“In the first month of the year, food inflation gives us 4.5%. It is a scandalous number, because it is a percentage that is still registered with Care Prices.”
Regarding that program, he said that “It has more than 1,300 products and is generally available in large chains, with a compliance of between 70 and 80%”.
In this sense, he explained that in the first month of the program “there is always greater compliance, but as the months go by, inflation means that suppliers do not have incentives to provide a product.”
Speaking to the program This morning, which is broadcast by Radio Rivadavia, Di Pace considered that the recent increase in fuel prices -around 9%- “directly impacts the prices” of numerous products.
During the past week, the Secretary of Domestic Trade, Roberto Feletti, acknowledged that January Feletti’s inflation “is still going to be high, influenced by vegetables and legumes, less by meat.”
However, he assured: “We do not have an acceleration of inflation. It will not be worse than in 2021, that way it can be better.
The agreement with the IMF is very important, that reserves are recovered and that the level of economic recovery is maintained.”
Source: Ambito
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