Argentina is one of the countries with the cheapest food in the world, but it is difficult for Argentines to pay for it

Published 2021년 11월 20일

Tridge summary

Argentina's food prices are among the lowest in the world, even compared to poor countries in Africa and Asia, due to inflation and currency devaluation. Despite low prices for beef, chicken, and milk, many Argentines struggle to afford them due to high farm prices and low purchasing power. The national government's short-term solutions, such as market intervention, cause long-term problems. According to a price monitoring site, Argentina's beef, chicken, and milk prices are among the lowest, occupying last or nearly last places in a global ranking.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Food prices in Argentina are among the cheapest in the world and even comparable to the values paid by consumers in very poor countries in Africa and Asia. Inflation and the consequent devaluation of the local currency in recent decades meant a continuous impoverishment of the population, to such an extent that, although the prices of beef, chicken and milk are among the lowest in the world, many Argentines find it difficult to pay. And in this context, the national government believes that the best idea to solve the problem is to intervene in different markets to try to reduce the internal value of grains and farms, but those short-term "solutions" end up generating enormous problems in the medium and long term. long. According to the price monitoring carried out by the site globalproductprices.com - a finding by the analyst Ignacio Iriarte - the value of beef in Argentina is of the order of 6 dollars, which places it in position 81 out of a total of 94 countries surveyed . Beef ...

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