You heard it in No Te Duermas
After having mentioned the different increases that will occur from the month of September and the possible effects on the inflation data that the government takes care of, in the second part of the column on economy and finance, Darío Banga referred to the considerable drop in consumption that is expressed in supermarkets: “Inflation is starting to be higher due to the level of consumption. Billings fell completely, the market is totally broken in terms of consumption and people do not arrive and do not have enough.”
“The government continues to fail to give a hand or a rope to the most vulnerable sectors, such as retirees and the working sector, which is not having collective bargaining in line with the inflationary processes that have occurred in recent months,” he added.
, he commented that “for example, mass consumption fell by 18 percent” and that “in this case, supermarkets are only waiting for two things to save the year, which are the holidays or for people’s purchasing power to increase.”
“If you break down the fall in mass consumption, there was a 25 percent drop in impulsive consumption, which is candy, cookies and those small things that you sometimes buy at a kiosk when you’re waiting for the bus or at the checkout in a supermarket. They are called impulsive because they are bought on impulse and, when you shop at the supermarket, a little more than the total does nothing and you add it to the cart,” he explained.
The decline in milk consumption
In line with the above, the economist touched on a crucial issue such as the decline in milk consumption, due to high prices: “Non-alcoholic beverages fell by just over 25 percent, but the worst case is that of milk. Milk consumption in 2023 was estimated to be 194 liters per year per inhabitant. Today they made a projection for December and we would be at 156.3 liters, that is, almost 40 liters less.”
“The year in which milk was consumed the least was in 1990, when it was 162. And today we would be below that number, which would be the worst time. And people did not stop drinking milk because they wanted to or because they drink something else, but because they did not have enough money to buy it,” he explained.
At the same time, he said that “Before, in the absence of food and supplies, one could resort to a canteen that replaced that need” but that “today this is no longer the case because they are empty and they do not get milk.”
“They could be a small support for society so that the neediest children can drink milk and eat better too,” he lamented.
A problem for future generations
In the final part of the analysis, the specialist highlighted the importance of this type of inconvenience in the long term: “The low consumption of milk affects the future generations that we will have as Argentines. As also happens with scientists and the dismantling of CONICET and scientific activity.”
“They talk about other countries in the world like Israel or the United States and they should see what those countries invest in scientists and how extremely present the state is. They do not even boast about what they themselves defend. They do the opposite, everything that has to do with the national seems to be popular and must be discarded. It is not logical to think like this, although at this point little logic can be expected,” he concluded.
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