Peru: The fall in the price of fish leaves the monthly rate of the Food CPI unchanged in March

Published 2021년 4월 14일

Tridge summary

The Consumer Price Index (CPI) for food and non-alcoholic beverages in Portugal remained stable in March at a monthly rate, but increased by 1.4% annually, largely due to a 2.9% decrease in fish prices. The prices of fresh and frozen fish, and sheep meat fell by 0.8% compared to February, while poultry meat and oils and fats prices rose by 1.6% and 1.3% respectively. The largest annual price increases were seen in fruits, mineral water, soft drinks and juices, sheep meat and vegetables, while the most significant annual decreases were in fresh and frozen fish, eggs and coffee, cocoa and infusions. The CPI for alcoholic beverages and tobacco also remained stable in March at a monthly rate, but decreased by 0.1% in the annual rate. The general CPI saw its highest annual variation rate since April 2019, rising by 1.3% from February.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The Consumer Price Index (CPI) of the food and non-alcoholic beverages group remained unchanged in March in its monthly rate (0.0%), largely due to the -2.9% drop in fish prices , while its annual rate increased by 1.4%, according to the National Institute of Statistics (INE). The breakdown of the different products shows fluctuations in the behavior of monthly prices, ranging from the fall of fresh and frozen fish, or sheep meat (-0.8% compared to February), to the rise of +1 6% of the poultry meat or +1.3% of the oils and fats. In their annual rate, the foods and beverages that lead the largest price increases continue to be fruits (+9% compared to March 2020), mineral water, soft drinks and juices (+6.5%), sheep meat (+ 3.1%) and vegetables (+3%). The most pronounced annual decreases, on the other hand, have occurred in fresh and frozen fish (-2.3%), eggs (-0.7%) and the category of coffee, cocoa and infusions (-0.6 ...

Source: PEefeagro