Strong depreciation of sugars and sweets, while the item that increased the most was condiments.
The incidence of food on inflation It is not only exposed by the impulse – increasing or decreasing – of general costs, but also by its prominence in the Basic Food Basket. That is why, after three measurements with increases, the fall in grocery values in the fourth week of January appears as a positive fact in the domestic economy.
According to a report from the consulting firm LCG, the last few days closed with a decrease in food and beverage prices of around 0.4%which represents the steepest drop since April 2024. Still, They estimate that in January there would be an average increase of 2% in the values of this item.
The inflation of December 2024 rose from the previous 2.4% to 2.7%, with strong incidence of food and non-alcoholic beverages (2.2%). The increase in prices is attributed to the increase in Meat and derivatives, Bread and cereals and Milk, dairy products and eggs.
Food inflation in January 2025
According to the measurement, the items that decreased the most in value in the fourth week of January 2025 were: Sugar, honey, sweets and cocoa (-2.7%); Vegetables (-1.9%); Dairy products and eggs (-1.8%); Fruits (-0.9%); and Baking products, cereals and pasta (-0.4%).
On the other hand, they registered increases in Condiments and other food products (1.8%); Drinks and infusions to consume at home (0.5%); Meats (0.3%); Oils (0.2%); and Meals ready to go (0.1%).
Inflation: which foods rose the most in 2024
The Food experienced inflation of 94.7% in 2024that is, 23% less than general inflation. The products with biggest year-on-year increases were the lemon, milk and cheese. On the contrary, among those that registered the smallest variations are sugar, orange and rice.
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This emerges from a report by Coninagro based on the Consumer Price Index (CPI). Food rose 2.2% in December, also less than inflation for that month (2.7%).
Source: Ambito
I am Pierce Boyd, a driven and ambitious professional working in the news industry. I have been writing for 24 Hours Worlds for over five years, specializing in sports section coverage. During my tenure at the publication, I have built an impressive portfolio of articles that has earned me a reputation as an experienced journalist and content creator.
