:quality(85)//cloudfront-us-east-1.images.arcpublishing.com/infobae/U3OTFE27ZPO33FK3777FANCIAA.jpg "Inflation in January: these are the 10 foods that have increased the most 1")
Food and beverages were again the protagonists of inflation in January, with a monthly increase of 6.8% and an annual increase of 98.4% in the national measure, since in Greater Buenos Aires and the Patagonia exceeded 100%. However, not all the products that are part of this article behaved the same way. Some items saw double-digit increases in the first month of the year, while a few even saw their value decline.
In January, consumers paid 250% more for fruits, vegetables and livestock products than producers demanded.
This is what emerges from the Origin and Destination Price Index (IPOD) of the Argentine Chamber of Medium Enterprises. The margins between the gate and the gondola, by sector and by product
According to National Institute of Statistics and Censuses (Indec)among the ten products with the highest increase during the month of January, six belong to the “food and vegetables” category and among them, there are four that lead the general increases.
The food item that rose in price the most last year was tomato, which fell from $231.77 per kilo in December to $381.92 in January, thus reaching an increase of 64.8%.
Inflation was 6% in January and has reached 98.8% over the past 12 months
The Indec released the Consumer Price Index (CPI) data for the first month of the year. Tariffs, tourism, meat and gasoline drove the price hike
The increase of orange, which reached 48.9%. The national average value was $136.5 in the last month of last year and reached $203.25 in the first of 2023. delicious apple” complete the podium, with an adjustment of 31% over the period analysed.
In the fourth place of the “top ten” increases is the kilogram of potato (24.7%) and only in fifth place in the rising ranking is a product outside the fruit and vegetable category. It is fresh hake filletwhose price per kilo went from $1,293.02 to $1,476.44, or 14.2% according to the values published by INDEC.
Inflation in January, around 6%, will leave a high floor for the first quarter
Today, higher than expected data will be released for the first Consumer Price Index (CPI) of the year. Tariffs, tourism, meat and gasoline fueled higher prices
Among the other five products with the highest increase, there are two other vegetables, the lemon and the onion, which had adjustments of 13.2% and 8.9% respectively. There soda-based cola of 1.5 liters (12.6%), the soft wheat flour 000 (9%) and the sweet cookies packed without filling (8.7%), completed the list.
When analyzing the evolution of fruit and vegetable prices, it should be taken into account that there can always be very large fluctuations (up or down) in the short term due to seasonal problems. .
For a logical reason, the prices of these foods tend to increase when it is not the harvest season and the national products must be replaced by other importers. On the contrary, when local production is released and market supply increases, prices tend to drop significantly within days. The vagaries of the weather also have an impact, which can lead to significant losses that complicate supply levels even in high season.
However, an analysis of the annual price change shows that there are fruits and vegetables that are increasing at a much higher rate than the average and for reasons that go beyond pure seasonality.
This is the case, for example, of the dad, whose market value was $61.33 per kilo in January 2022 and reached $263.02 in the same month of this year. From start to finish, this product saw a 329% increase.
Also onion accumulates an annual increase greater than 300%. In his case, the kilo went from $64.96 to $277.64, marked by a 327% increase in the last twelve months.
Below are three products with increases below 300%, but above 200%. It’s about a kilo of sugarthere delicious apple” and the potatowhose prices increased by 204%, 210% and 246% respectively.
In total, of the 59 foods and beverages identified by the indec, there are two with annual increases greater than 300%, three between 200 and 34 that had increases between 100% and 199% during the period analyzed. Only 20 grew by less than 100%.
Among all, the one that has increased the least in the last twelve months is the kilo of roast, which has experienced a variation of 44%. However, this study does not take into account the strong increases experienced by meat during the month of February. Next month when this month’s CPI is released, this product will surely behave more like the market average.
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