Chicken price falls in Peru

Published 2024년 3월 25일

Tridge summary

In Metropolitan Lima, the wholesale price of chicken has experienced notable fluctuations recently, with today's prices dropping to S/7 to S/7.20 from yesterday's S/7.50 to S/7.70, and even higher last week at S/7.80. This volatility has also impacted retail prices, which have escalated to S/11 per kilo. The fluctuations are primarily attributed to temperature variations affecting the chicken supply, with an anticipation of price decreases as temperatures stabilize. These changes in chicken prices play a significant role in influencing the overall cost of the food basket, thereby affecting the monthly variation rate of the General Consumer Price Index (CPI).

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

Original content

The wholesale price of a kilo of chicken in Metropolitan Lima today ranges between S/7 and S/7.20, according to the Midagri Supply and Price System (SISAP), coinciding with Easter. Yesterday, prices ranged between S/7.50 and S/7.70. However, during the last week, according to information from sector bulletins, it is observed that the kilo of chicken marked S/7.80 and remained at that level during the first days of last week, which caused the sale per kilo at S/ 11 in retail markets. Let us remember that, during 2024, the price of chicken on average during January reached S/ 6.73, but in February it reached S/ 7.24, while so far this year it rose to S/ 7.82. The increase was caused by the increase in temperatures, which generated a decrease in the supply of chicken. In that sense, the president of the Central Reserve Bank, Julio Velarde, expressed that this month the price of chicken could decline due to the change in temperature. “It seems to indicate that a correction, even two ...

Source: Apnoticias