One family needed more than $400,000 to cover the basic basket

One family needed more than 0,000 to cover the basic basket

November 7, 2024 – 10:40

According to a report from ISEPCI, in October, thanks to strong increases in warehouse products, the food basket increased again.

Reuters

Last October the food that make up the Basic basket They once again had a significant increase in the popular neighborhoods of the Buenos Aires suburbs. According to the survey that sincel Neighborhood Price Index (BPI) that records prices from nearby businesses, a family of two adults and two small children needed $414,923.16 to meet his basic food needs, against $398,562.21 in September. (+4.10%). A year ago, in October 2023, the same family spent $159,153.96, so the variation reached 160.71% in one year.

The report belongs to ISEPCI (Institute for Social, Economic and Citizen Policy Research). According to economist Isaac Rudnik, in October, thanks to strong increases in warehouse products, the food basket increased again. “The warehouse increased 8.86% (among others, polenta 36.36%; bread 13.64%; yogurt 18.18%; grated cheese 13.45%; soft drinks 15.38%). The greengrocery influenced by some low prices (potatoes -16.67%; apples -4.55%; lettuce -11.76%) had a decrease of 2.03% while meat prices remained stable,” he explained.

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Warehouse products also lead annual price increases (183%); followed by fruits and vegetables (171.82%) and meats (120.82%). For its part, the report reflected that the Food Basket (CBA) had a monthly increase of 4.1% in October; The Total Basic Basket (CBT), which includes, in addition to food, essential services such as rates, transportation and communication increased 4.57%.

Food: which are the products that increased the most in the greengrocery category in October

  1. 1kg of pumpkin: 30%
  2. 1kg of orange: 20%
  3. 1kg of tangerine: 20%
  4. 1kg of carrot: 15.38%
  5. 1kg of chard: 5.2%

Food: what happened in the butchery sector in the month of October

According to the IBP for October 2024 from ISEPCI, the only cut that had an increase of 0.2% was the roast. Meanwhile, meat, minced meat, backbone, liver, shoulder and chicken did not register monthly variations.

Food: which products from the warehouse sector rose sharply in October

  1. 1kg of polenta: 36.3%
  2. 190g of firm yogurt: 18.1%
  3. 1kg of cream cheese: 13.4%
  4. 2.25 liters of soda: 15.3%
  5. 400g of lentils: 15.3%

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Source: Ambito

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