Particle.news
Download on the App Store
19 ARTICLES
·
3h ago

Food Costs Keep Squeezing Households as Spain Eases, Mexico Lifts Poverty Lines and Argentina Sees Local Surges

Local trackers reveal sharper swings that strain low-income households.

Image
Turistas cerca del Hotel Catalonia, en la plaza de Espanya de Barcelona, este verano.
El IPC de agosto fue del 1,9%, aunque los autos experimentaron un aumento por encima de ese índice
Image

Overview

  • Spain’s INE confirmed August CPI at 2.7% with food inflation easing to about 2.3%–2.4% as cheaper fruit offset higher fuel, while core inflation ticked up to 2.4%.
  • Mexico’s INEGI reported higher monetary thresholds: the urban food basket (LPEI) at 2,452 pesos and the urban income poverty line (LPI) at 4,722 pesos for August, with beef and eating out cited as key drivers.
  • Argentina’s INDEC showed food prices up 1.4% in August and 27.8% year over year, with overall CPI at 1.9% and the highest monthly food increases in Gran Buenos Aires and Cuyo (both 1.5%).
  • High‑frequency data point to ongoing volatility in Argentina as LCG’s second week of September rose 0.1% after prior weekly declines, with meats accounting for 44% of the last four weeks’ food inflation and the monthly average easing to 1.6%.
  • Local surveys flagged sharper pressures: FundPlata measured a 3.2% jump in La Plata’s food basket in August led by vegetables such as tomatoes (+51%), DIPEC logged 1.9% inflation in Jujuy with food and beverages at 1.7%, and Cesopmm detected 1.4%–53% item hikes between September 3 and 10.