The price of food moderates very slowly, according to industrial data

  • Inflation associated with food industry processes eases to 10.6% in May

  • This is the lowest level since the war in Ukraine began.

  • Flour, pasta, feed and sunflower oil have been registering negative price rates for months

Food inflation continues on its slow path of moderation. The processes associated with the food industry registered a price rise of only one tenth in May, which allows us to place the interannual rate at 10.6%. It is the lowest level since the start of the war in Ukraine in February 2022. It is a leading and approximate indicator of food inflation, which according to the latest CPI stands at 12.0%.

Leave a Comment