Industry

Products of the Basic Food Basket increase 7% from today

The prices of the Basic Food Basket increase between 5% and 9% from this Thursday as a result of the application of VAT that had been exempted last August. Milk is the only product that will not undergo changes due to an agreement between the government, producers and supermarkets. Those products considered non-basic will increase up to 21%. Official December data estimated at ARG$15,099 ($252.5) the cost of the Basic Food Basket for a type family and 80% of the employed population with individual income below that value.

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Source: Perfil