Overview

• Private tracker LCG reports a 1.4% rise in food and beverage prices over the past four weeks, pointing to a late-September pickup.
• In the first week of October, average prices fell 0.4%, with oils, fruits, vegetables, dairy and meats posting weekly declines and sweets and bakery showing gains.
• On a monthly view, fruits rose 5.6%, sugar and confectionery 3.8%, oils 3.7% and bakery 2.6%, while vegetables fell 2.6% and meat was broadly flat at 0.1%.
• Retail groups are pushing back on supplier price lists that cite dollar volatility to justify markups.
• Regulator ANMAT banned two olive-oil brands, and IPC Online revised Bahía Blanca’s September inflation to 2.29% after correcting for fuel prices.