Impossible to eat asado or milanesas in Argentina as they increased their price more than 70% in the last twelve months

Published 2021년 5월 3일

Tridge summary

Argentina is experiencing a significant increase in food prices, with the Basic Basket of 57 products seeing an average rise of 3.47% in April and a year-to-date increase of 17.23%. Meat products have seen the highest increase, with roast meat up by 77.14% and minced meat by 61.29% in the past year. Other essential products like yerba also saw a 20% increase. These price hikes are happening despite the government's efforts to reduce meat prices by 30% and increase the minimum wage by 35%. The current minimum wage still leaves workers unable to afford to live comfortably, raising concerns about the impact of inflation on the country's population.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

In the last four months, butchery products rose 25%, greengrocery products by 8% and warehouse products almost 15%. Yerba increased 20% in one year, along with other essential products, reported the Institute for Social, Economic and Citizen Policy Research (Isepci). Difficult to fill shopping bags. Liliana Vera Ibáñez Writing LID @liluzlisam According to the monthly survey of nearby businesses in 20 districts of the Buenos Aires suburbs, the prices of the 57 products of the Basic Basket in April rose 3.47% on average, and so far this year the increase was 17.23% . The Isepci indicated that so far this year (four months) meat continues to lead the price increases: while since last December, greengrocery products increased 8.20% and those of warehouse 14.88%, in the case of meat was 25.72%. In the last 12 months the increases in cuts of meat were exorbitant. The roast rose 77.14%, the meat 61.29%, the buttock for milanesas 72.50%, the shoulder 61.50% and the minced meat 61.29%. ...

Source: Laizquierdadiario