Industry

The agricultural product price gap narrowed by 7.3%

The price gap of agricultural products between what the consumer pays and what the producer receives dropped by an average of 7.3% in February, according to the Argentine Confederation of Medium-sized Enterprises (CAME). Consumers paid 4.7 times more than what producers charged for products in their fields. The agricultural Price Index at Origin and Destination (IPOD) fell 9.4% in February and was the main driver in improving the indicator. The gap for these products averaged 4.9 times, 12.4% below the same month last year.

Source: Ámbito

Categories: Industry