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Food Prices Are Accelerating Again and Complicating the Start of the Year
Summary by chacodiapordia.com
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A report by the LCG consultant revealed that in the second week of January the Food and Beverages recorded an inflation of 0.5%, with a higher rise in vegetables, oils and meats. According to the survey, “in the last 4 weeks the average inflation remained at 1.1 percent monthly”, a level that, although less than in previous months, continues to erode purchasing power in the lower income sectors. Inflation continues to show a persistent flat that…
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