The cost of food skyrocketed in July, and higher increases are expected in August, representing more than half of the total Basic Basket accepted by the government, an indicator that marks the poverty line, according to an analysis released today by the newspaper Campo Financiero.
In response to this rise in the cost of living, eight out of 10 Argentines changed their consumption habits and began adding or removing food from their table.
This expenditure varies from province to province. In terms of monthly variation, the largest increases were recorded in Jujuy (+3.9 percent), Catamarca (+2.5) and Corrientes (+2.5).
In absolute values, Catamarca leads with a rise of 34 00 pesos, followed by Corrientes (29 927), Jujuy (28 213) and La Rioja (23 139), details the information.
Among the most expensive food appear bread, which led to increases in almost all provinces with rises of more than five percent.
Sugar also showed generalized rises of three and five percent, with peaks of 7.6 in San Juan and Misiones, among other products.
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