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Meat Puts Pressure on Inflation: the Calf’s Rise Generates a “Structural Imbalance” in the Market
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Every time the price of beef shows sharp increases on the counters, the market becomes alert. Not only because of the direct impact on the consumer’s pocket, but also because of its immediate effect on the inflation rate, given the high weighting that food — and particularly meat — has in the basic basket. In November, this phenomenon again felt strong. According to the INDEC, last month’s retail inflation reached 2.5%, the highest record of the…
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