The sharp rise in cattle prices is reaching the counter: In November, meat increased by 10%, four times the inflation, and

The INDEC reported this Thursday that the retail inflation for November was 2.5%, although meat prices increased much more. In this category, the increase compared to October was 10%. If the average price increase in the economy was 31.4% in the last 12 months, meat more than doubled that indicator and rounded up to an increase of 73% in the last year. It should be noted that the body that measures inflation only takes into account the prices of 5 bovine cuts. According to the IPCVA that evaluates the variations of the entire bovine carcass in zone AMBA, Rosario, and Córdoba, the year-on-year increase in meat was also 73%, but the month-on-month increase was less, at 8.2%. Beyond the differences that may exist between one methodology and another, what is clear is that the sharp increases in livestock are being gradually passed on to the counters of butcher shops and the shelves of supermarkets. The price of beef at the counter, according to the IPCVA survey, rounded up to 13,765 ...