The recession that Peru is going through is already being felt in the various economic activities, one of them being restaurants, which, after having been a sector hit hard by Covid-19, managed to reactivate; However, the low dynamism of the national economy has begun to have an impact on gastronomic businesses. And since April of […]
Tag: food price
Price of onion falls to S/2 per kilogram in the retail market of Metropolitan Lima
With information from Urpi He onion price has been drastically reduced in recent weeks, falling from approximately S/9 per kilogram just a couple of months ago, to S/2 this Monday, October 23, 2023 in the markets of Metropolitan Lima. A team of The Republic found that this food was sold at S/2 per kilogram both […]
Sarah Laughton: “1 in 2 Peruvians is in a situation of food insecurity”
Today is the World Food Day and, in a 2023 marked by the cooling of the economy and inflation, Sarah Laughton prepares an x-ray of the food situation in our country and its consequences on national production; as well as policies to reduce gaps. -How is food security in Peru? -One in two Peruvians is […]
GDP in a nosedive: it would only grow 0.9% this year, warns the BCRP
The national economy will close the year with a growth of just 0.9%, according to the Central Reserve Bank of Peru (BCRP). This reading is starker than the 1.1% predicted by the Ministry of Economy and Finance (MEF). Julio Velarde, president of the BCRP, points out three reasons why GDP will stagnate: droughts in the […]
Government would evaluate lemon imports to mitigate price rises
Lemon has been, in recent weeks, the product of the basic family basket that has risen the most in price. Between August 2 and September 4, its value has increased by more than S/7.50 per kilogram, which represents an increase of up to more than 167% in the Great Wholesale Market of Lima. In this […]
It is also increasing! Lime price rises after being used as an alternative to lemon
Several products in the family basket have increased in price in recent weeks. The most worrying scenario is the case of lemons, which are costing up to S/20 per kilo. In this regard, the president of the Association of United Markets in Ica, Miguel Tito, told RPP News that the lime is also on the […]
Wholesale chicken price drops to less than S/6 per kilogram due to drop in corn price
With information from URPI-LR He chicken wholesale price dropped to S/5.57 per kilogram for the second consecutive day this Monday, August 28, while, in the retail markets, it was sold at S/9.19 per kilo on average, according to the Ministry of Agrarian Development and Irrigation (midagri). Indeed, as found The Republicin the Villa Jardín Market […]
Lemon and onion prices will continue to rise in August
More blows to the home economy. Peruvians will have to spend more to consume two important products of the basic basket, such as lemon and onion, which, during August, will continue with high prices, warned the president of the Central Reserve Bank of Peru (BCRP), Julio Velarde. As La República announced, the price of lemon […]
Food prices will moderate in the coming months
Food prices have played a determining role in the behavior of inflation in recent months, remaining in double-digit values. In the past month, the annual inflation rate for food and beverages reached 10.31%, almost double the general inflation rate that stood at 5.88% in Metropolitan Lima. Despite this, it was lower than the 12.89% registered […]
Inflation 2023: what are the products that rose and fell in price the most in June?
The inflation of the last 12 months in Lime Metropolitan reached 6.46% in June 2023, a slight drop of 0.15% that places it as the lowest in 18 months (since February 2022), according to the National Institute of Statistics and Informatics. (INEI). According to said report, the price decrease was registered in the following consumer […]