In the eight months of the current government, the price of these foodstuffs has increased by 125.30%. In November of last year, the same family of four paid $182,905.48.
The food prices in 20 neighborhoods of Greater Buenos Aires increased 6% in August, according to a survey conducted by ISEPCI (Institute for Social, Economic and Political Research on Citizens).
Thus, a family of two adults and two children/youngsters, who in July needed $388,795.47 for cover their basic needs food, a month later he needed $23,285 more to buy the same products.
In the eight months of the current government, The increase in these foods reached 125.30%. In November of last year, the same family of four was eating adequately with $182,905.48. This August, they had to add $229,175.65 to their budget to maintain the same diet.
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On the other handthe value of the Total Basic Basket (CBT) which, in addition to food, includes a set of goods and services essential for the functioning of people’s lives, rose by 8.63% in August, which is equivalent to an increase of $51,694, so that the family does not fall below the poverty line.
Among the items with the greatest increase, grocery products stood out, with higher increases (8.07%) than the other items, followed by fruits and vegetables (6.55%), and leaving behind – as in previous months – to meats, which rose 2.04%.
“The government’s narrative seeks to establish a downward inflationary expectation, but with significant increases in farinaceous and dairy products, the Basic Food Basket (CBA) rose by almost 6% in August. Despite the drop in sales and the general recession in the national economy as a whole, which produces massive closures of small businesses in the neighborhoods, increases in basic foodstuffs continue,” said Isaac Rudnik, author of the study.
Which foods rose the most in August?
Store
- 1kg of polenta: 36.3%
- 400 gr of lentils: 25%
- 1 can of peas: 25%
- 500 gr of yerba mate
- 1kg of cream cheese: 20.8%
Greengrocery
- 1kg of sweet potato: 41.6%
- 1kg of potatoes: 26.3%
- 1kg of pumpkin: 26.3%
- 1kg of banana: 11.11%
- 1 kg of onion: 6.2%
Carnage
- 1kg of liver: 7.9%
- 1kg of chicken: 6.6%
- 1kg of shoulder: 3.2%
- 1kg of meat: 1.6%
- 1kg of roast: 1.45%
Source: Ambito
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