Tomorrow the National Institute of Statistics and Censuses (INDEC) will make official the increase in inflation during the month of January, which directly affects the price of food.
Although the official figure is not yet known, the Secretary of Internal Trade, Roberto Feletti anticipated that the rise will be 4%, with which some products will further increase their price, especially those food like vegetables.
According to the consultants, in January fruits and vegetables rose 20.90%, while other food such as flour and sugar, showed increases of 14% and 11.6%, respectively.
This, added to the increase in fuel prices, will cause the products of the family basket to continue to increase.which directly affects their level of consumption.
Despite the fact that experts point out that at the moment the numbers are terrifying, the Secretary of Internal Trade indicated that inflation this year will not be higher than that of 2021, and that in any case, the agreement with the IMF could alleviate the situation.
Food prices are on the rise around the world
The serious economic repercussions left by the coronavirus pandemic have affected inflation in almost all countries of the world, according to the Food and Agriculture Organization of the United Nations (FAO).
This situation puts the most vulnerable families as well as the poorest nations at risk.which also increases the levels of famine worldwide.
The most worrying thing is that the high costs of raw materials, inputs, imports and exports show that the trend in the products foodstuffs this year will remain the same.
“The high cost of inputs, the global pandemic and increasingly uncertain weather conditions leave little room for optimism about a return to a more stable market, even in 2022,” the FAO said.
