how much food went up and down in Argentina

how much food went up and down in Argentina

Strong descents were recorded in fruits and vegetables, which motivated the grouped “food.”

The May inflation finally pierced the 2% thresholdwhen located in the 1.5%as reported by the National Institute of Statistics and Census (INDEC). Food and drinksa sector that usually traces the index strongly, increased 0.5%, which motivated that The IPC data is the smallest in 5 years.

Among the greatest rises of food in PBA, were the ground coffee 500 grams that advanced 5.6%, followed by the frozen hamburgers of 4 units with 3.6%. They are also of the main increases: Flan dust 8 portions which rose 3.4%, butter of 200 grams with 3.2%, sunflower oil 1.5 liters with 3%, and the delicious apple with 3%.

Among the products that more descended is the lettuce per kilo that fell 25.3%, the lemon per kilo that fell 23%, followed by the orange with 10.5%, and the tomato round that fell 8.9%.

The divisions that rose the most and the ones that fell in the month

Among the divisions with the highest monthly increases were highlighted Communication (+4.1%) and Restaurants and hotels (+3%). In contrast, Food and non -alcoholic beveragesone of the highest weight categories in the index, barely rose 0.5%, contributing to the general slowdown.

At the category level, the CIVO CICE rose 2.2%, while regulated prices increased 1.3% and Seasonas fell 2.7%confirming that the decline of the month is greatly explained by transient factors.

Source: Ambito

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