The survey highlights that “Fresh food, Dry food and beverages” increased 3.2%: that is, above the general level. Meanwhile, household appliances and the “home” category rose 2.7%, while cleaning products rose 2.3%.
“With respect to the Meat item, although it continues to rise above the average monthly (+ 4.8%), on a weekly level it had its first negative variation (-0.1%) after twenty-four weeks”, The study pointed out, which added: “There is still an expectation for the renewal of the Careful Prices program on January 7 and the need to implement measures that decouple costs in pesos at the beginning of the chain from international prices in dollars, particularly for the corn and wheat ”.
Precisely, when analyzing the impact of the measures adopted by the Government to contain the rise in the price of mass consumer products, Nicolás Pertierra, chief economist of the CESO, told Ámbito: “The effect was in the first three weeks: the last October and the first two of November. Afterwards it began to dilute a lot, it returned to have an inertial speed that was the one it had until before October. Now, in the prices in supermarkets, a persistent level has been observed in recent weeks, around 2.6% / 2.8% per month ”.
Meanwhile, on how this increase could affect the inflation December general, Pertierra said: “We should add other items such as tourism, clothing and those related to education (for example, in the City increases were authorized this month in private education). And, if we had to think of a number for December, it would be close to 3% ”.
“Seasonally, in December there is an upward trend in prices, especially in mass consumption, food and beverages, due to the Holidays. And you will not see the 2.1% number for November. We may have inflation in food and beverages higher than 3%, “said Damián Di Pace, director of the consulting firm Focus Market, who added: “The Government has part of its methodology very anchored in the Cared or frozen Prices, for which there are different ‘temperatures’ of prices: in large stores, there are more stable prices; outside of that channel, there is instability and a stronger price variation ”.
For its part, according to the survey carried out by the consulting firm LCG, it appears that during the last week food prices rose 0.9%, driven by meats, dairy products and baked goods. “The proportion of products with increases rose to 14%, against 10% in the previous weeks. Monthly inflation (average for the last 4 weeks) stands at 3.9% per month, reflecting a decrease of 0.2 percentage points, the first moderation after 4 consecutive weeks on the rise, ”the report said.
In this scenario, the Secretary of Domestic Trade, Roberto Feletti, will define this week the main elements of the product basket of new Care Prices, which will take effect from January 8. The basket would have about 1,400 products with an annual agreement between supplier companies, supermarkets and the government, for one year, with reviews every three months.
Consumption in supermarkets and supermarkets fails to recover. According to a survey by the consulting firm Scanntech, during November it fell 4.2% and accumulates a loss of 8.1% so far in 2021. The report indicated that all product families present falls so far this year : Food (-14.2%), Personal Care (-8.4%), Cleaning (-6.8%) and with less impact Beverages (-1.9%).
On the other hand, the work pointed out that “inflation in November 2021 was 4.1% for the Consumer Goods Basket in Self-service, accumulating 43.6 percent in the first 11 months of the year.”