The basket of 40 products surveyed by La Voz in Córdoba city chains rose only 1.03% in June, the smallest increase of 2024 and evidence of disinflation. The monthly expense for a typical family reached $608,480, just $6,200 above May, the second consecutive month with almost imperceptible increases. Of the 40 items analyzed, fifteen dropped in price, six repeated values, and nineteen increased by less than 2%.
With June's slight variation, the basket climbed 15% in the semester, well below any similar record from the last three years. Measured against June 2023, the increase was 28.5%, a figure that consolidates the disinflationary process started after the change in economic policy. The new drop in fruits and vegetables cushioned the moderate increases in dairy, groceries, and cleaning products, containing the overall index.
"The average increase in food and beverages was around 1.2% with very aggressive promotions to attract customers," said Víctor Palpacelli, vice president of Casac. The executive admitted that consumption is improving slowly and that the loss of units sold fell from 6% to 4.7% year-on-year. According to him, although wages are still lagging behind, the cooling of prices is beginning to reactivate cautious demand.
