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Prices in supermarkets rose 5% in the week and accumulate 38% in the Milei era


The prices in the supermarkets They started January with increases and accumulated an increase close to 40% in the last four weekssince the assumption of Javier Milei. In this way, the prices of different items of massive consume they grew above the inflation dear for the same period.

According to a survey carried out by Ambita basket of 35 products consisting of food, drinks, cleaning and personal hygiene items, presented an increase of 5.5% in the first week of January. And he accumulated, in this way, an increase of 38.5% in the last four weeks.

To the inertia that different products had been exhibiting, starting in December, the end of official price agreements, official devaluation and increases in fuel. These were some of the factors that explain the sharp jump in many mass consumption items.

In this scenario, January began with increases. Although not the entire basket showed increases, some specific items made strong jumps that pushed the final value upwards. Among them, the Cooked ham (38%), tomato (28%), rice (25.6%), detergent (24%), top brand cola soda (15.8%), cream cheese (12%), milk ( 11%) and noodles (7%).

Inflation: how much products increased in the “Milei era”

Only two products in the basket surveyed by Ambit They did not present variations in the last four weeks: these are the white and yerba potatoes (at least in the variety and brand compared). Meanwhile, some articles such as coffee top brand roasted and diapersfor a few weeks now are not available.

On the contrary, three articles presented increases above 100%: top brand cola soda, which increased 146%; cooked ham, which rose 132%, and orange, which jumped 113%. For its part, a package of sausages increased 86%, white table bread rose 76% and top-brand liter beer, 74%. Inside dairycream cheese had an increase of 50%, milk 44% and butter, 20%.

Something particular happened with the meats: beef cuts increased by 15% during the first week of the new government, from a sharp rise in the price of the property. However, with the decline in values ​​in the Cañuelas market, there have been no variations in recent weeks. For its part, pork shoulder increased 50% in the last four weeks and whole chicken, 26%.

Regarding cleaning and personal hygiene products, detergent climbed 78%, shampoo 61%, bleach 52%, laundry soap 43%, toothpaste 35% and toilet paper 30%.

Inflation: projections for December and January

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Consultants estimate that December inflation could approach 30%

Argentine News

Next Thursday the INDEC will announce the information of December inflation and different private consultancies They estimate a variation between 25 and 30%. For example, from LCG they indicated that their survey of food prices “marked a monthly inflation of 27.1% on average (36% measured end to end).”

“These alone would add 8.3 pp to the general index. To this we must add the increases in regulated products, which would add another 5 pp, leaving a base of more than 13 pp only between regulated products and food. The devaluation of the official dollar in the middle of the month will have had an impact on prices that are directly or indirectly indexed to it.“, they detailed.

When analyzing the factors that influenced the inflationary acceleration, the consulting firm mentioned that “the high inertia that prices have been marking, the fall of the ‘Fair Prices’ program and the absence of anchors accelerate the adjustments.” “In summary, We expect inflation in December to be close to 28% monthly, marking a noticeable acceleration of 15 pp compared to November.. This increase would be consistent with an inflation of 218% annually,” they highlighted.

For their part, from Equilibra they maintained that “Inflation in the first week of January was high: 7.1% compared to the last week of December and 30.2% compared to the first week of December, led by Regulated prices (+20% and almost 50%, respectively).”

“The high inflation of the first week of January, plus the ‘inflationary’ drag left by December, together with the expected reaction of salaries, lead us to think that January inflation will be similar to the 26% estimated in December. The accumulated inflation in the December-January two-month period would be between 55% and 60%,” the consulting firm concluded.





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