The incredible price of fish in Argentina against the rest of the world

Published Apr 15, 2022

Tridge summary

The article highlights the significant loss in purchasing power of wages in Argentina due to rising prices and the increasing dollar rate, with food items such as meat and bread becoming more expensive than wages can afford. The high cost of hake fish, a common product in Argentina, is used to illustrate this problem, as it is less expensive in other countries like Brazil, Spain, and France. The article also compares the cost of salmon in Argentina to that in other countries, showing that Argentine citizens are not able to buy as much salmon as those in other countries with similar minimum wages. The high cost of cars, clothes, technology, and fish in Argentina compared to other countries is noted.

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

Original content

The pockets of the Argentines are increasingly beaten. The rise in prices and the rise in the dollar cause a sharp loss in the purchasing power of wages in any way you measure it. Among the most affected items is food. Meat, bread, flour or whatever product is chosen are winning the race against salary increases. In these days of Holy Week, fish is among the most sought after and, consequently, its price increased at the rate of demand. In Argentina, one of the most sought-after varieties at this time is hake. Although there is a variety of prices throughout the country, in the fishmongers of Buenos Aires its value is between $1,000 and $1,200 per kilo. At the official exchange rate of $118 per dollar, it represents between US$8.5 and US$10. This is a type of fish that abounds on the Argentine Atlantic coast, more than 4,000 kilometers long, so the retail price should be affordable. So much so that, permanently, there are thousands of fishing boats from all over the world within ...

Source: Mdzol