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Food inflation accelerated to 3.4% in July and is above the projected CPI for the month
AR🏛️ PoliticsCenter3 hr. ago

Food inflation accelerated to 3.4% in July and is above the projected CPI for the month

In July, food and beverage prices in Argentina accelerated by 3.4% compared to previous months, according to data collected by the consultancy Labour, Capital & Growth (LCG). This increase was higher than the projected average for the month and marked a continued upward trend in inflation. The rise was driven primarily by increases in meat, dairy products, and baked goods. According to LCG’s weekly monitoring of eight thousand food items across five supermarkets, prices rose by 0.7% during the fourth week of July, continuing a pattern of sustained price growth throughout the month. In contrast, the National Institute of Statistics and Census (INDEC) reported a 1.3% increase in food and beverages for June, indicating that the acceleration observed in July was significant. Other categories such as ready-to-eat meals and fruits also saw increases above the average, while some items like oils and condiments experienced smaller rises or even declines.

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Perfil logoPerfilIndependentCenter3 hr. ago
Food inflation accelerated to 3.4% in July and is above the projected CPI for the month

In July, food and beverage prices in Argentina accelerated by 3.4% compared to previous months, according to data collected by the consultancy Labour, Capital & Growth (LCG). This increase was higher than the projected average for the month and marked a continued upward trend in inflation. The rise was driven primarily by increases in meat, dairy products, and baked goods. According to LCG’s weekly monitoring of eight thousand food items across five supermarkets, prices rose by 0.7% during the fourth week of July, continuing a pattern of sustained price growth throughout the month. In contrast, the National Institute of Statistics and Census (INDEC) reported a 1.3% increase in food and beverages for June, indicating that the acceleration observed in July was significant. Other categories such as ready-to-eat meals and fruits also saw increases above the average, while some items like oils and condiments experienced smaller rises or even declines.

Bias read (Center): The article presents factual economic data regarding inflation trends in Argentina, focusing on food and beverage prices. It does not exhibit overt ideological bias, as it reports findings from multiple sources (LCG and INDEC) without apparent favoritism toward any political stance. The tone remains

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