EVALUATION OF PRICE VARIATION OF BASIC GOODS DURING THE PANDEMIC AND POST-PANDEMIC PERIOD (2020–2024) CAUSED BY COVID-19 IN TWO FOOD MARKETS IN TWO DISTRICTS OF PERU
DOI:
https://doi.org/10.66104/yx5p8m96Keywords:
food access, shrinkflation, food security, medication costs, water price, inflation.Abstract
This study evaluated the price variations of basic goods across the pandemic and post-pandemic periods (2020–2024) in two food markets located in two districts of Peru. The research follows a descriptive-exploratory approach, assessing price variations across the entire health crisis. Data collection included fruits, vegetables, cereals, legumes, tubers, eggs, meats, dairy products, processed foods, pharmaceuticals, cleaning supplies, basic services, and the exchange rate (USD/PEN). Prices were recorded monthly at one traditional market (Ayacucho) and one supermarket (Lima) from March 2020 to March 2024. Both districts exhibited sustained price increases throughout the pandemic. While fruits and vegetables fluctuated, cereals, legumes, meats, processed foods, cleaning supplies, and basic services showed persistent upward trends. The cost of most essential goods was higher in Lima than in Ayacucho. Additionally, shrinkflation was identified in products such as pasta, evaporated milk, cooking oil, rolled oats, bottled water, canned tuna, and dishwashing detergent. This is the first study to assess price variation across the entire course of the pandemic in Peru.
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