News of food prices

Food prices have risen by up to 70% over last three months

06-03-2024 15:24 Hikes were driven by grocery products, fruits and vegetables, and meats, according to a private report.

INFLATION WOES

Latin America’s inflation progress tempered by soaring food price pressures

08-02-2024 14:28 Consumer price readings underscore challenges facing Latin American policymakers as they calibrate future interest rate cuts. Most of the region’s major inflation-targeting central banks have already begun reducing borrowing costs

GRIPPED BY CRISIS

In danger of extinction? Middle class slammed by crisis and austerity measures

16-01-2024 17:16 The removal of subsidies, rising rent and the increased costs of prepaid healthcare schemes and private schools are slamming the middle class, specialists warn. March will be a difficult month with the start of classes and the billing of basic public services shooting up.

by Agustina Bordigoni

Living with inflation

Runaway inflation sends food prices soaring in Argentina

11-01-2024 18:29 Consumer prices have soared more than 200% in Argentina over the last 12 months, with food leading the way. Some items increased by more than 600%.

by Ramiro Speranza

ECONOMIC INDICATORS

Private study says food prices surged almost 13% in September

03-10-2023 17:24 Food prices increased by 12.8% on average in September, according to a new private study; Some items like sugar have soared by more than 280% in last year, reports Focus Market consultancy firm.

ECONOMIC INDICATORS

Food leads price surges as experts forecast 126% inflation rate

12-05-2023 10:42 Latest Central Bank survey estimates a 7.5% jump in prices for last month and a 126.4% annual increase; Argentina suffered second-highest jump in food costs over past year, according to World Bank.

POLITICS

‘Plan Platita II’? Government to stuff pockets as inflation bites

18-04-2023 14:02 To mitigate the coalition friendly fire that has been rekindled by the confirmation of accelerating price hikes, Serio Massa’s economic cabinet is drawing up a new programme to stimulate consumption.

ECONOMIC OUTLOOK

Analysts: Inflation rate in Q1 will overshoot government targets

28-02-2023 15:49 Private estimates agree that prices are likely to rise 20% in the first quarter of 2022, with inflation set to accelerate next month, pushing Sergio Massa’s stated 3% target for April way out of reach.

by Santiago Escobar