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    Home > Food News > Food Articles > The consumer price index in Paraguay declined, but the price of fruit increased significantly

    The consumer price index in Paraguay declined, but the price of fruit increased significantly

    • Last Update: 2022-10-25
    • Source: Internet
    • Author: User
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    After visiting and investigating popular markets in Paraguay, Paraguay NPY TV recently said that although the domestic consumer price index (CPI) has declined, the price of fruits in many markets has still risen, with a maximum increase of 50%.

     
    Paraguay's "Latest Times" reported on October 17 that NPY TV pointed out that among the popular domestic markets, bananas, apples and oranges have increased the most obviously
    .
     
    According to a concessionaire of Mercado4 in Asunción, freight costs account for a large proportion of the cost of fruit, which is mainly due to the recent increase
    in fuel prices.
    He expressed hope that the increase in fruit prices would improve by the end of the year, because at the end of each year people buy a large amount of fruit to make traditional fruit salads or the famous traditional drink "clericó"
    .
     
    From 10 to 14 October, the Secretariat for the Protection of Consumers and Users (Sedeco) carried out a survey in supermarkets in Asunción and Central and reported that fruit prices varied greatly
    from supermarket to supermarket.
    For example, "karape" costs between 3,250 guaraníes and 6,800 guaraníes per kilogram; Apples cost between 7,850 guaraníes and 13,450 guaraníes per kilogram, while oranges range from
    2,900 guaraníes to 5,100 guaraníes per kilogram.
     
    Sedeco once again urges all suppliers to maintain reasonable prices for products in the "basic family basket" to reduce the impact
    on the household economy, taking into account the current state of the country's economy under the coronavirus pandemic.
     
    According to data from the Central Bank of Paraguay (BCP), the consumer price index in Paraguay has fallen
    for two consecutive months as of September this year.
    However, during the same period, the prices of products in the "basic family basket" have increased
    for three consecutive months.
    In September, the price of products in the "basic family basket" rose by 66.
    2%, reaching its highest value
    this year.
     
    Miguel Mora, chief economist at BCP, pointed out that although inflation has decreased in recent months, the issue of inflation is still a cause for concern, since the forecast for the end of the year remains above the official target of
    4%.
     
    The president of the BCP, José Cantero, believes that prices in Paraguay have risen to the upper limit and are expected to continue to fall from now on, but there is still a degree of uncertainty
    .
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