Overview

• LCG reported a 3% monthly gain in food and beverages on a point‑to‑point basis, including a 0.1% dip in the final week of August.
• A four‑week average from LCG showed a smaller 2.4% increase, indicating cooling price momentum late in the month.
• Analysts linked the early‑August increases to the late‑July dollar jump, pointing to a partial pass‑through to supermarket prices.
• Category moves were led by fruits (about 6%), beverages and infusions (4.6%), vegetables (around 3%), and roughly 2.5% in breads and cereals and meats, while some dairy and sugar items eased.
• Consultancies project overall August CPI around 2%–2.2%—EcoGo near 2.1% and food at home at 2.3%—with lower outliers from Analytica and Libertad y Progreso near 1.7%–1.9% and the official figure due next week.