The Consumer Price Index (CPI) for January, which It will be officially known on Tuesday, February 14, it will mark that food had an average increase of 6%pushed mostly by the price of the meat. In the offices of the ministry commanded by Sergio Massa, they frantically seek to reach agreements with businessmen in the sector that was left out of Fair Prices.
During the first week of February, The increase in the prices of the item “food and beverages” slowed down compared to the previous one, as the rate of increases decreased, from 2.7% to 1.8% per week. However, in the case of the meatthe continuous increases push up the index, on a par with “fruits and oil”, indicated specialists.
The meat it continues to be the item with the highest incidence in the total index of the item, with 1.12% over a global increase of 1.8% in the week. When Sergio Massa announced the new phase of the Fair Prices Program, indicated that they would seek agreements with businessmen in the sector, and promised to “address the issue of meat”, which is central to Argentinessaid.
The last four weeks were of concern for the government, since the food and beverage index showed an “average 6% monthly inflation”although in the first days of application of the price control program, which fixes increases of 3.2%, for a basket of 2,000 products, the rate of increases contracted slightly.
This Tuesday, when the INDEC report the CPI for January, it will be known that the increase was between 5.5% and 6% compared to the month of December 2022, according to estimates by the Ministry of Economyalthough some private consultants anticipate that it will be between 6% and 6.5%.
