Rice increased by 89.5%. It wasn’t during the year or even this month, but from one week to the next, in the days before Christmas. In the last week, food prices have increased the biggest increase since Javier Milei’s devaluation: they increased by 11.3%, as measured by EcoGo. The consultancy company already predicts an increase of 35.3% for this important element for the whole of December, if in the remaining days of the year prices increase by only 5%.
With this number in mind, the company led by economist Marina Dal Poggetto could not fail to do so recalibrate the inflation estimate upwards for the whole of December and would place it at 29.4% and give an increase of 222.7% for the year, with food at 259%.
Beyond ricewho took the first prize In the race of highlights by far, articles like salt and spices (38.3%), semi-processed foods based on poultry (27%) and based on beef (23.4%), cheeses hard (26.5%) and semi-hard (24.9%), yogurt (19.5%), rear cuts of meat (12.9%) and milk (12.8%),
There is a surprising fact in the EcoGo survey: soft drinks fell 1.6% on the week, after rising 25.1% the previous week and another 13.1% the first week of the month. In general, the products that usually decrease are fruits or vegetables due to seasonal problems.
Meat on average increased by 10.2%, but within this category, peaks of 22.5% were recorded in cured meats, 19.7% in fish, 12.9% in cow’s back and 12% in pork. A decline in beef is also expected in the coming days, in line with the decline in farm value after the jump in the first few days of the month.
Not counting food, other products and services have also seen notable increases cleaning itemswhich increased by 58% in the third week of December, followed by microphone passages which, on the eve of the holidays, was adjusted by 20.1% and the study books, 19.7%
What will inflation be in December?
Analyzing the closing of the month, EcoGo estimates it general inflation will be 29.4%. Leading the increases will be the leisure category, with 38%, followed by food and drinks, up by 34.9%.
Transport and communications will have an increase of 25.4%; clothing, 24.8%; education and health, 23.4% each; household equipment, 20.8%, and housing, an increase of 8%.
Source: Clarin
