United Public Workers Union: Annual Increase in Food Prices Reached 52 Percent.
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The food and beverage sector climbed by 1.7% in the last seven days of September and chained its third consecutive rise. The momentum was drawn by a shot in drinks and infusions and strong increases in meats, vegetables and breads Jujuy a day ® – The dynamics of retail prices showed again [...] The Inflation entry: food prices accelerated in the last week and the monthly rise jumped to 2.7% was first published in Jujuy a day.
Food prices accelerated again in September. The cost of a food basket consisting of 64 basic products rose by 2.7 percent in one month, while the annual increase reached 52.3 percent. According to the latest research, the sharpest monthly increase was in legumes, while the largest annual increase was in vegetables.
Food prices, which have been rising continuously for 76 months, slowed down somewhat in the summer but surged this month with a 2.73% increase. According to research by the United Public Workers Union, while the minimum wage was increased by 27% nine months ago, food prices alone rose by 41.5% during the same period.
KAMUAR's September report revealed the severity of the situation in the food sector. While food inflation reached a historic record high of 2,243 percent in the last five years, wage increases lagged far behind this rise.
According to research by the United Public Workers Confederation, food prices increased by 2.7 percent in September compared to the previous month. The increase in food prices reached 41.5 percent in the first 9 months of the year and 52.3 percent in the last year.
According to research by the United Public Workers Confederation, food prices have increased by 2,243 percent since September 2021.
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