A few days after the INDEC (National Institute of Statistics and Censuses) publishes the official data with the inflation August, it was known that, during this month, food prices climbed up to 12.5%.
In this sense, it is expected that the price index general remain high for the eighth month, as food will again impact the inflationwith which the annual accumulated is also expected to reach three digits.
According to the consulting firm LCG, after the historic figure for July (7.4%), in August, the inflation will continue with high values. The food and beverage index presented a monthly variation of 6.3%.
The report highlights that, in addition, some foods rose above the general index, such as vegetables, which reached 12.5%; dairy products and eggs (10.3%); sugar, honey, sweets and cocoa (9.8%); and condiments (8.5%).
Also, bakery products increased (7.2%); fruits (6.5%); beverages and infusions to consume at home (5.6%); oils (5.2%); ready-to-go meals (4.4%) and meats (2.9%).
Meanwhile, during the last week of August, the increases were: dairy products and eggs (5.5%); vegetables (4.8%); sugar, sweets, honey and cocoa (2.8%); ready-to-go meals (2.3%); beverages and infusions to consume at home (1.9%); fruits (1%); condiments (0.8%); meats (0.7%) and oils (0.6%).
The consultant carried out the survey in more than 8,000 foods and beverages from five supermarkets in the City of Buenos Aires, with which the general index is expected to remain high.
What is expected from August inflation
According to the projections of private consultants, the price index it will remain between 6.3% and 7%; this, due to increases in food, the increase in prepaid, public transport, schools and fuel.
The official figure will be released by INDEC next Wednesday, September 14 and, although it is expected to slow down compared to July, the inflation it will remain high, even for the next few months, according to analysts.
