Accompanied by the high year-on-year inflation suffered by our country and every citizen, the Christmas basket increased 129% on average, in 12 months. Among the products in demand this Christmas, the ones that saw their prices increase the most are: sweet bread (artisan and industrial), caramelized and pineapple fizz.
According to a study by the Focus Market price consultancy with the Naranja X Financial Education Blog, the prices of basket they varied upwards, up to 154% in certain cases. The Christmas basket The economic price of this year in question is close to 2,689 pesos, while in 2021 it came out at 1,175 pesos.
The Christmas basket Economic includes the following items: sweet bread (812 pesos), peanut caramelized (246 pesos), pineapple fizz (499 pesos), cider (399 pesos), pudding without fruit (520 pesos) and semi-soft nougat (216 pesos). It is not a basket ostentatious, but complies with the products that are usually bought in a massive way for the date of Christmas and New Year.
Damián Di Pace, director of Focus Market, commented on Christmas products that “what increased the most was sweet bread and alcoholic beverages.” He also added: This year, there was a very strong increase in supplies such as flour and fruit With these higher costs, the producers of industrial sweet bread, which is the one that is present in the cheapest baskets, seek to compensate on the price side.”
He also noted that “The Government hopes that in the month of December, with the Fair Prices program that incorporates products from the Christmas basketthere are no surprises with the price variation. However, this will be tied to the effective replacement of inputs at the official exchange rate for the same period promised to large companies.
Toys and Christmas
The Christmas celebration, among other things, has the characteristic delivery of gifts, at least, for the smallest members of the family. This Christmas, due to inflation and the fear of shortages, toy stores sold up to 20% more than in the same month of 2021.
Consumers seek to anticipate what is expected, be it high inflation for the month of December. They are also driven by the recommendation of the Argentine Chamber of the Toy Industry: “It is advice that we give so as not to wait until the last minute. The more planning, the better. There is a strong dispersion of prices not only due to inflation, but also due to the different values handled by importers.”