Argentina: How much the grill cuts increased and where should you buy

Published 2022년 11월 24일

Tridge summary

Inflation in Argentina has led to a significant increase in the price of meat, with some cuts now costing over $1,000 per kilo. The Institute for the Promotion of Argentine Beef (IPCVA) reported a average price increase of 71.8% in the past year, although this is less than the overall inflation rate. Some popular cuts, such as chicken, have seen especially large price increases. The price of beef has risen by 66.5% compared to last year in butcher shops, while supermarket prices have increased by 85.2%. Some cuts are significantly more expensive in supermarkets than in butcher shops.

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

Original content

A year ago, in October 2021, the only cut of beef that reached $1,000 per kilo was the loin, considered a premium cut on the Argentine table. Today only 7 of the 27 cuts surveyed by the Institute for the Promotion of Argentine Beef (IPCVA) can be obtained in butcher shops and supermarkets for the value of a "hornero". It is a quite graphic explanation of how inflation impacts, which this year will close around 100% according to the majority of economic consultants. On average, meat registered an increase of 71.8% in the last year, more than sixteen points below the annual inflation measured by INDEC in October, which stood at 88%. However, what is striking is that several of the popular cuts are among those that increased the most between October 2021 and last month. According to the IPCVA survey, in this period the greatest increase was registered in frozen hamburgers (package of 4 units) with a rise of 100.9%, followed by chicken (98.7%), common minced meat (87, 7%), skirt ...

Source: Mdzol