They warn of an acceleration in food prices at the end of the month

They warn of an acceleration in food prices at the end of the month

The food prices They rose 1.7% in the fourth week of October according to a private report that by the third week had detected a deflation of 0.1%.

According to the consulting firm LCG, food between Thursday, October 17 and Wednesday, October 23 advanced 1.7%, the highest variation since the first week of July.

Due to this jump, the monthly average increase went to 2.3%, while the four-week “end-to-end” measurement stood at 3.3%.

This increase was driven by increases in fruits (5.7%), dairy products and eggs 4.6%, and beverages and infusions (4.2%).

Studies until the third week of October encouraged the possibility that October inflation would be below 3%, precisely due to the stability of food prices.

LCG is the first consultancy to measure the fourth week and detect a much higher variation than previous ones.

According to an analysis by Orlando Ferreres’ study, in the first three weeks of October the price variation was 2.1%.

For PriceStats directed by Alberto Cavallo, inflation as of October 20 was 2.36%, which is the lowest for the last three years.

With data until Monday the 20th, Libertad y Progreso points to an inflation of 2.7%, after surveying about 20 thousand prices.

For its part, Equilibra published its work with a price variation of 0.6% in the third week of this month. This means a four-week average of 2.9%, while for the entire month it would be 3.2%.

Meanwhile, for Eco GO, which is run by Marina Dal Poggetto, in the third week of the month, food registered an increase of 3.2%, which allows us to project a monthly variation of 3%. “The smaller increase in food compared to what was projected was offset by larger increases in other items,” Eco Go said.

Source: Ambito

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