The rise in the shopping basket in Asturias exceeds 10%, with meat and potatoes skyrocketing

2023-07-13 04:15:00

In supermarkets and food stores in Asturias, prices rise with double-digit interannual rates (10.2%) and so far in 2023 potatoes (13.5%) and pork (11.8% ) is what has become more expensive. In half a year, the cutlet with a garnish has skyrocketed.

Inflation moderated in June in Asturias to 1.6% as energy and fuel prices fell by more than 32% compared to the peaks registered last year in the midst of the energy crisis unleashed by the invasion of Ukraine . That of June is the lowest annual rate since March 2021 and is three tenths below the national average (1.9%), according to the final CPI data published yesterday by the National Statistics Institute (INE). The increase in the price of the shopping basket has moderated (in March it reached 17.6%), but the increase in food prices continues at double-digit rates in Asturias (10.2%) despite the elimination of the VAT on basic products and a 5% reduction on oils and pasta.

During the last year, what has become more expensive in the Asturian shopping basket is sugar (37.7%), potatoes (19%), milk (17.9%), legume preparations and vegetables (16.7%), beef (16.4%), eggs (15.2%), oil (15.2%) and pork (14.8%). In contrast, there are two food groups that have become cheaper in the last year: fresh fruit (-2.4%) and coffee, cocoa and herbal teas (-1.2%).

If what is going on in 2023 is taken as a reference and not the last year, what rose the most are potatoes (13.5%), pork (11.8%) – which does not benefit from the VAT reduction – and legume and vegetable preparations (10.2%). What fell the most were sheep meat (-8.6%), fresh and frozen fish (-6.7%) and sugar (-1.3%).

Apart from food, energy and fuel, what rose the most in June in Asturias were the tourist packages (23.6%) and what fell the most was transport services (-9.4%) with the discounts financed by public administrations.

At the national level, the CPI was confirmed, reflecting a slowdown in its rise to 1.9%, after standing at 3.2% in May. Core inflation also fell, the most structural, which excludes the most volatile elements such as energy and unprocessed food, although it remains at a high level, 5.9%, after a rise of 0.5% in June compared to to may. In any case, it indicates that the rise in the shopping basket continues to slow down with a drop of two tenths compared to May.

From the Executive they affirm that the final data from the INE “confirm that inflation fell in June to 1.9%, the lowest rate since April 2021. And they attribute it to the measures adopted such as the temporary suppression of VAT on food and the reduction in the rate from 10% to 5% in oils and pastes.These measures are extended until at least November 1, if core inflation falls below 5.5% in September, and until the end of year if the price escalation persists above that level.