Colombia Food Costs

Fresh Food Prices Drop in Colombia

Fresh Food Prices Drop in Colombia

Fresh fruits, onions and black potatoes fell in price in May and are expected to help reduce inflation.

In the vegetable group there are 45 products out of 63 that decreased in price: white bighead onions, beets, string beans, paprika, among others.

Bogotá D.C., June 30, 2023 (@UPRAColombia, @felipeff).

According to the latest Agricultural Products Price Bulletin carried out by the UPRA, there were decreases in the prices of fresh fruits, onions and black potatoes, which generated a positive impact on the inflation of food and non-alcoholic beverages for the month of May.

The director of UPRA, Felipe Fonseca Fino, affirmed that,

“The behavior observed for the month of May is favorable in different food groups. In vegetables, the most relevant fact is the sustained drop in the prices of white cabezona and junca onions, beets, beans and paprika.”

In the vegetable group there are 63 products that are analyzed in the wholesale markets, of which 45 decreased in price. The case of beans, cucumber, cucumber, beetroot and others stand out.

In the case of fresh fruits, “in May the sustained downward trend observed in April continues, since in March this was the group that put most pressure on food inflation,” the UPRA report highlighted.

It is important to mention that, in fruits, when the climate improves and sunny days increase, improvements in supply and quality increase.

The category of tubers, roots and plantains detailed that products such as criolla potatoes, black potatoes, plantains and chirosa and ICA yucca registered better prices.

In grains, cereals, fish and meat, Zaragoza beans, crystal soup rice, yellow corn in the shell, nicuro and bocachico fish, pork cuts such as leg, arm, carcass, as well as morillo and beef flats.

Other foods that decreased in value in May compared to April were white eggs and red eggs, double cream and coastal cheese, sunflower oil, sulphited sugar and ground coffee.

The foods that rose the most in price in May

There is also a list of products that have increased in price, such as chonto tomato, carrot, white garlic, green peas in pods, orange, lulo, tree tomato, yam, yellow arracacha, yellow corn shell, barley and corn cuchuco, chicken breast and legs and cuts of meat such as leg ball, hip, brisket and rib.

Here is a complete list with the products that fell and rose the most in price in May of this year:

Agricultural Products, May 2023. Image Credit: UPRA.

 

To learn more visit:

Upra Colombia

Boletin de Precios de Productos Agropecuarios, Mayo 2023

 


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