For example, as indicated by the consultancy firm C&T, in November”food and drink moderated sharply, at 3.8% a month, thanks largely to meatvegetables and drinks”.
In this sense, according to the price survey carried out by the LCG company, meat has seen a 1% increase over the past month, while in the same period the food basket had an increase of 3.1%. This occurred in a context in which general inflation is estimated at around 6%.
Indeed, the fact that meat falls below the level of the general CPI is something that has been happening for several months. By chance, in October (latest official data) overall inflation was 6.3% and in terms of year to year accumulated 88%. Meanwhile, according to the IPCVA survey, the average price of beef in the AMBA presented in October a variation of 2.2% monthly he was born in 71.8% compared to the same month last year.
In any case, they reveal that different increase speeds were observed depending on the place where the survey was carried out. For example, if highlighted that beef prices had an increase of 5.5% October monthly “in outlets serving high socioeconomic neighborhoods”. While “in the points of sale selling in the middle socio-economic range, prices increased by 1.3%; while in those serving the low socio-economic level, prices increased by 1.7%”.
factors
It is that, as evidenced by the sector, one of the explanations behind the certain “stabilization” of meat prices lies in a decline in demand. “There are two reasonsThese are things that keep the flesh in the values it is. The first of them is the loss of the purchasing power of wages, product of the enormous monetary emission”, explained a Scope Miguel Schiariti, president of the Chamber of Industry and Commerce of Meat (CICCRA).
“Secondly, The drought is preventing producers from keeping animals in the fields and then, despite losing money, they quickly end up in a pen and send them to market. This generates, for the demand that exists today, a very voluminous offerwhich prevents prices from adjusting to real values”, remarked Schiariti, who underlined that “today the farmyard producer loses between 10,000 and 30,000 dollars per capita”.
In this sense, the head of the CICCRA analyzed what could happen with the prices of meat against the Partiestaking into account that it is usually a period in which, for seasonal reasons, price increases to the public usually occur.
“To find out what can happen to the values In the coming weeks it will be necessary to see if the ‘plan plata’ that the government is anticipating has the strength it had last year or if it remains an attempt to increase the income of many workers or who receives social plans, and then it doesn’t thrive,” Schiariti said.
“If that ‘platita plan’, together with the aguinaldohas a significant effect prices may rise. Otherwise, and this is my opinion, I don’t think there will be very significant increases for the holidays. Because for many people, the increased income and the Christmas bonus will pay off debts that have been building up for some time. There won’t be a big increase in demandIn my opinion,” he concluded.
