The price of tomatoes increased to 32.94% in May

The price of tomatoes increased to 32.94% in May

In some stores it is sold for $219, against the $164.73 it cost on average in April, according to data from the MEF.

Photo: Pexels

The price per kilo of tomato increased up to 32.94% if one compares its value in a gondola, which reaches up to 219 pesos, with the latest report Ministry of Economy and Finance (MEF), which revealed that the median of the product was located in April in 164.73 pesos, in one of the effects generated by drought in Uruguay and triggers inflation levels.

According to the last monthly report of the Consumer Price Information System April 2023, during that month the price of american tomato increased a 38% compared to March, when it cost 119.37 pesos. Meanwhile, the tomato tomato went up a 26.92%, going from 145.79 pesos to 185.04 pesos.

The product was one of the three that increased the most during that month as a result of the effects of the worst drought of the century, which had a strong impact on production. The government even encourages the import of products such as potatoes, in order to guarantee the supply in the gondolas.

The rise in food pushes inflation

According to the latest inflation data from the National Statistics Institute (INE), the monthly variation in prices was 0.75% in general, with a strong push for food and non-alcoholic beverages. In fact, for the first time in seven months, there was a rise in the Consumer Price Index (CPI) YoY, which rose to 7.6%

Food and Non-Alcoholic Beverages was above inflation, with a monthly rise of 1.93%, and of 13.07% if taken year-on-year. In addition, it is the item that has the greatest incidence with respect to the general indicator.

When analyzing the increases, sectors such as personal care, social protection and miscellaneous goods appeared further back; Clothes and shoes; alcoholic beverages, tobacco and narcotics; and restaurants accommodation services.

Source: Ambito

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