Fruits and vegetables in Argentina increases easily outpaced inflation

Published 2021년 4월 8일

Tridge summary

The article highlights the significant price volatility and increases in the Argentine fruit and vegetable market over the past year, with some fruits seeing increases exceeding the country's inflation rate of 40.7%. The surge in prices is attributed to various factors, including the seasonality of harvest and weather conditions. The prices of oranges and lemons experienced the most dramatic increase, with onions, apples, squash, sweet potatoes, and pears also seeing substantial price hikes. In contrast, the price increases for round tomatoes, lettuce, and bananas were lower but still above the inflation rate.

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Original content

The prices of fruits and vegetables had increases in the last twelve months that comfortably exceeded the 40.7% of general inflation registered in the period, with the extreme case of a 432% increase for oranges. In addition to the increases, the sector showed marked volatility in cases such as tomato, whose year-on-year rise of 74.6% hides peaks of up to 440% between January and October 2020. A SURVEY The survey by the Argentine Political Economy Center (CEPA) was based on the wholesale prices of the main products of the Central Market of Buenos Aires (MCBA), "given the enormous relevance of said hub market in determining retail prices for the Metropolitan Region, "the entity indicated according to what was reported by Diario Popular. TOMATO CASE In this regard, he highlighted the "paradigmatic" case of the tomato in 2020, with a notorious price fluctuation, since "the year begins at around $ 20 per kilo, which increases over the weeks until reaching a maximum. of $ 70 per kilo ...

Source: Diariolaopinion