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Food: in February they rose to 10.6% in the poorest regions

2023-03-15T11:55:02.858Z


The data anticipates that the values ​​of the indigence and poverty baskets of last month will be close to 2 digits.


Food prices continue to lead

inflation

by far .

With an average rise in February of 6.6%, food prices

rose 9.8%

, with an outstanding 10.2% in the Capital and GBA (Conurbano) and 10.6% in the Cuyo Region and in the NOA.

Due to the higher incidence of food in the poorest regions,

the average inflation rate of 6.6% jumps to 7.3% in the NOA and 7.8% in the NEA.

With an average of 21.1% meat and 17.5% fruit

, and strong increases in other basic foods such as flour (7.6%) and rice (14.6%),

food inflation dominates the record Of the prices.

All these figures illustrate that careful prices or fair prices have no relevance in the INDEC measurement, nor in family spending.

And they anticipate a sharp rise in the value of the indigence and poverty basket that the agency will report in the coming days

"The prices surveyed that are within the agreement programs between the State and the business sector for February represent 3.17% of the total prices in GBA (Capital and Conurbano)," clarifies the INDEC.

Thus,

fair or careful prices have a minimal impact on the household budget

, with the aggravating circumstance that they do not reach nearby businesses, where the poorest and most vulnerable families mostly do their shopping, and in large supermarkets the supply of these products is scarce, irregular or insufficient.

In addition, the Statistical Institute recalls that "each month an approximate number of 320,000 prices are observed at the collection points.

The survey is carried out every working day of the month and covers traditional businesses of different sectors (greengrocers, butchers, bakeries, etc.), super and hypermarkets, service providers, schools and selected tenant households according to the expenses according to the type of business of the 2004/05 Household Survey and subsequent adjustments and adjustments”.

In the structure of family expenses, and that the INDEC relieves to calculate the Consumer Price Index, fruits and vegetables affect -which are outside Fair Prices- and the rest of the prices of food and cleaning items or for the home and many others that operate outside the agreements with the State. And all the services regulated or not by the State –which are not in the official program either- that have the particularity of increasing above the average inflation.

These data anticipate that

the values ​​of the indigence and poverty baskets for February, which will be released in the coming days, will be close to 2 digits

, showing that the current inflation hits the fixed-income and fewer resources.

Consequently, although the Government has been granting bonuses for the most vulnerable sectors, these income boosts are neutralized by the speed of the increase in food prices, which anticipates that the measurements of indigence and poverty should rise again.

NS

look too

February inflation: the increase in food tripled the ceiling of Fair Prices

Consultants forecast 7% inflation in March: "There is a higher inertia than expected"

Source: clarin

All business articles on 2023-03-15

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