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What were the three products that increased the most in April

2021-05-03T18:31:40.990Z

According to a report by Focus Market, in April, food rose 4.5% and in May inflation will not decrease due to the increase in services.



05/03/2021 1:50 PM

  • Clarín.com

  • Economy

Updated 05/03/2021 1:50 PM

A report by the consulting firm Focus Market revealed that food

increased 4.5% in April

.

And of these increases, from a study carried out among 682 products of different brands and presentations, there are three that increased the most:

wines with 12.5%

, dulce de leche with 12.1% and condiments with 8.9%.

But those weren't the only products to see a significant rise.

They were closely followed by: sausages with an increase of 8.6%, mayonnaise 8.5%, Milk 8.1%, fresh pasta 7.8%, tea 7.6%, nuggets 7.4%, and butter 7%.

Price Evolution of the 10 best-selling products by Category

"Faced with inflation that decelerates in its general price level in April, in the case of

Food, it continues to rise by 4.5%

with year-

on-

year inflation

above 50%

. The price control effect through the program Maximum Prices allowed to maintain the price level of basic product categories in a timely manner, however, by gradually releasing them, they begin to have the price that allows companies to recover profitability and increase production, but which begins to mark an overheating

in the gondola later. more than 1 year of having participated in many products of that program,

"said Damián Di Pace, director of the Focus Market Consultant.

On the other hand, the product categories that increased the most year-on-year in April 2020 vs April 2021 are: Snacks 92.2%, Low Wines and PP 65.2%, Empanadas Tapas 63.3%, Oil 61.7% , Nuggets 47.9%, Liquid juices 46.4%, Tea 46.3%, Fresh pasta 45.2%, Flavored water without gas 44.1%, and Preserves 43.9%.

The striking data of the report is the drop in the weighted average price of some categories in the month of April 2021: Rice 14.5%, Grated Cheese 11.4%, Flour 5.2%, Puree 5.1%, Flavored Water with Gas 2.7%, Diapers 2.1%, Feminine towels 1.9%, Beer 1.7%, Broths 1% and Pre-mixes 1%.

"The outlook for the month of May is for inflation that could not drop from its current level due to the increase in public services such

as electricity and gas, to which private services such as telephony, prepaid are added. It will lead to a new increase with a second-round impact on the distribution factor on the price of goods. In the case of the increase in energy, it also has an impact on the cost of production of goods.

In the first four-month period, inflation closes with 17% and it already exceeds by more than 50%

the goal of 29% for the year set by the Minister of Economy ", explained Damián Di Pace of the Focus Market consulting firm.

YN

Look also

Supermarkets' own brands already account for 14% of sales

April inflation: economists see it between 3.5% and 4%

Source: clarin

All business articles on 2021-05-03

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