2024-01-11 19:57:00
Food and non-alcoholic beverages They were the ones who suffered the most from the effects of inflation in 2023. This was revealed this Thursday by the National Institute of Statistics and Censuses (INDEC)with the publication ofl Consumer Price Index December, a month marked by the transition between the government of Alberto Fernández and that of Javier Milei.
As reflected in the survey, this item had an increase of 29.7% in the last month, reaching 251.3% increases during the past 365 days, both figures above the general CPI, 25.5% and 211.4%, respectively; The latter being a figure that the country not enough since the hyperinflation of 1990during the beginning of Carlos Menem’s mandate.
Regarding the products that were most significantly impacted during the recently completed year, the cases of rice, minced meat, sugar and eggs stand outwhich had, like most cases, with increases above both the general variation and the sectorized variation.
- Chicken eggs – Dozen: from $401 to $1531, an increase of 281,8% in 2023
- Sugar – Kilogram: from $259 to $1,241, an increase of 379,1% in 2023
- Sunflower Oil – 1.5 liters: from $827 to $2099, an increase of 153,8% in 2023
- Plain white rice – Kilogram: from $206 to $1,513, an increase of 634,4% in 2023
- Common wheat flour – Kilogram: from $163 to $539, an increase of 230,6% in 2023
- Dry stew type noodles – 500 grams: from $184 to $873, an increase of 374,4% in 2023
- Fresh whole milk sachet – Liter: from $230 to $658, an increase of 186% in 2023
- French bread – Kilogram: from $336 to $1193, an increase of 255% in 2023
- Common minced meat – Kilogram: from $833 to $3,464, an increase of 315% in 2023
- Whole Chicken – Kilogram: from $455 to $1682, an increase of 269,6% in 2023
- Papa – Kilogram: from $204 to $677, an increase of 231% in 2023
These data are given from the measurement of ‘average by item of the selection of foods, beverages and other items in the CPI basket’ from INDEC, according to the different regions (Greater Buenos Aires, Pampeana, Northwest, Northeast, Cuyo and Patagonia), and their respective comparison with the data corresponding to December 2022.
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For its part, if the magnifying glass rests only on the Buenos Aires Metropolitan Areawe can notice significant variations in other elements that, as well as the previous ones, form a more than significant part of the daily diet of Argentines.
- Roast – Kilogram: from $1,241 to $5,195, an increase of 318,6% in 2023
- Fresh hake fillet – Kilogram: from $1,293 to $3,660, an increase of 183% in 2023
- Banana – Kilogram: from $381 to $1530, an increase of 301% in 2023
- Round Tomato – Kilogram: from $231 to $896, an increase of 287,8% in 2023
- Still water – 1.5 liters: from $138 to $454, an increase of 228,9% in 2023
- Ground coffee – 500 grams: from $1068 to $3138, an increase of 193,8% in 2023
- Butter – 200 grams: from $430 to $1,326, an increase of 208,3% in 2023
- Yerba mate – 500 grams: from $377 to $1397, an increase of 270,5% in 2023
Why did food lead the price increases in 2023?
Regarding the causes behind this, the analyst Florence Florentin, member of EPyCA Consultantsattributed it to “the droughtmore than anything in the first part of the year, and then the devaluation and macroeconomic instability since August“, considering that, in said period of time, There were two strong increases in the dollar: 22% post PASO and 118% following the arrival of Freedom Advances to the Executive.
Online, he added that this trend “it was consolidated in December” with the “elimination of price agreements”as Fair Prices,yeahl “increase in imported inputs and also fuel”with increases of 90% by the oil companies since Milei took office as President of the Nation.
To these arguments, the analyst and university professor, Pablo Tiganiadded the “speculation” y “the bid for entry”where, he argues, “each sector of the economy seeks ‘a little more’“despite this being one of the areas with the greatest state intervention during much of 2023, the last with the Front of All in command of the Casa Rosada.
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“The State talked, but was not effective in containing prices. Prices cannot be resolved with dialogue. There was almost no unemployment, Sergio Massa gave money and people bought more food without considering whether the prices were valid or crazy. In Argentina there is no consumer awareness. Then prices increase even “without money”, as a consequence of the fact that each one sets according to his decisions“he added.
It should be noted that, currently, and still subtracting the data corresponding to December 2023 (it will be announced this Monday), the Basic Food Basket, which is used to measure the poverty line, It has a value of $59,887.
This number is 175,4% higher than that registered in December of last year, with an increase in the last 11 months of $38.143. Currently, the average per capita income of the total population, which corresponds to 29,463,758 people, is $123,574.
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