With inflation in the last 4 months amounting to 90.2%, basic foods such as milk, bread, flour, onion and lettuce and household items such as disposable diapers, bleach, detergent, shampoo and toilet soap increased by more than 150%.
On a list of 59 items that INDEC publishes its monthly prices and their variations, 16 increased more than 150%, 19 between 100 and 150%, another 21 between 50 and 100% and only 3 up to 50%.
Products that are up more than 150% include:
- Lettuce (+385.3%)
- Powdered flan (+329.6%)
- fine salt (+197.1%)
- Orange (+195.4%)
- grinded coffee (+191.8%)
- Onion (+171.8%)
- fresh milk (+164.9%)
- table bread (+161.3%)
- Canned Tomato (+160.9%)
- Vienna sausage (+154.6%)
- Wheat flour (+153.4%)
And in household items:
- Disposable diapers (+228.4%)
- Shampoo (+191.7%)
- Liquid detergent (+171.6%)
- Soap on bread (+163.5%)
- Lavender (+156.1%).
For example, 390 gram table bread increased from $804.52 in November to $2,181.88 in March and fresh milk from $457.10 to $1,210.90 per liter.
Among those who increased between 100 and 150%, The most notable are water crackers (+145.4%), rice (+139.6%) and oil (+134%).
The 3 products that went up less than 50% are sugar, sweet potato and round tomato.
Food prices, due to the greater weight they have in the calculation of the INDEC Price Index, are those that push inflation the most and hit low-income people and families hardest, even if in the last 2 months the services have made a leap, hurting the middle class to a greater extent.
THE the basic food basket increased by 93.5% in 4 months, above-average inflation. And they explain the increase in poverty levels at the rate of one million new poor people per month, as Clarín reported on Sunday.
Food prices account for almost 30% of the price index of the capital and Greater Buenos Aires. Within the country, especially in the poorest regions, This incidence is higher and can even be around 40%.
After the devaluation of December and with the official dollar semi-fixed, these increases in food and basic necessities have meant that prices in dollars abroad are now lower than in the country, with the aggravating circumstance that incomes in dollars of the Argentina’s population are much smaller than those of Europe or the United States. And these price spikes have occurred despite the fact that domestic consumption and production are declining, among other factors, due to the population’s declining income, particularly wages and pensions.
SN
Source: Clarin
