In this month, there were significant increases in basic necessities and essential products in basic diets, some well above 20 percent

By iProfessional

13/05/2023 – 12.13 hrs

Los food and drink prices they increased 10.1% in April and have increased 41.2% so far this year. This is 9.2 percentage points above the general inflation average, which reached 32% in the first four months of the year.

From January to April, food inflation increased month by month and is intensifying. While the Government renegotiates Fair Prices, in every month the food registry was above the general index and in the last three, it was above 9%.

With this rhythm, the projection of inflation in food is placed at 200% per year, according to the Center of Studies for the Argentine Recovery of the Faculty of Economic Sciences of the UBA.

In April, the highest increases occurred in Vegetables, tubers and legumes; Milk, milk products and eggs; Sugar, sweets, chocolates, candies, etc. and Meat and derivatives, informed the INDEC.

While at the regional level, the increase in Food and non-alcoholic beverages It was the one that had the greatest impact in all geographic regions.

Inflation: foods that increased the most

This month, there were significant increases in basic necessities and essential products in basic diets: eggs, chicken, tomato, lettuce, sugar, butter, oranges, rice, sweet cookies, cheeses.

Food and beverage prices increased 10.1% in April

However, some foods exceeded these figures, even reaching an increase well above 20%.

The impact of the bird flu was felt in the price of whole chicken which registered an increase compared to last month of 26.4%. While the fresh eggs per dozen increased by 20.8% only in the month of April.

He product that rose the most in the month of the basic basket was the round tomato per kilo, which, from March to April, increased by 63,4% and lettuce 8.9%. On the fruit side, orange led the remarks with a 19.8% increase.

Other basic products in the basket and those that are used on a daily basis have externalized significant increases. Sugar, an essential element, increased 21.1%, butter 12.2% and cream cheeses and pategras 10.8% and 10.1% respectively.

The seasonal impact of Holy Week left the Hake fillet 19% upwhile rice, the quintessential ingredient in stews and high-calorie meals, increased by 11.3%. The flute type French bread did the same with 8%.

In the last twelve months, food experienced an increase of 115% and exceeded the general consumer price index by more than 6 percentage points, which marks 108.8% year-on-year.

“This problem afflicts, above all, low-income households, who do not have the means to protect themselves from price increases, since they allocate most of their income to subsistence,” said a UBA study.

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