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31st October 2018 – 01:03
Beef, transit tickets and apartment rentals are some of the cheapest products.
After the sharp devaluation of the last few months, Argentine prices measured in dollars have fallen sharply and are among the cheapest in the region.
In this way, US dollar money prices in US dollars The effect of the depreciation of the peso is lower than that of countries such as Brazil, Mexico, Chile or Peru.
This stems from a report prepared by the Institute of Studies on the Argentine and Latin American Realities references Brazil, Uruguay, Mexico, Chile, Peru, Mexico, Spain, Italy, Germany, France, United States, South Korea, Japan and China.
In March, before the exchange rate and the escalation of the exchange rate. the situation was the opposite and Argentina had unattractive prices for foreign tourists.
The devaluation had a significant impact on prices and caused accumulated inflation from January to September of 32% and in the last twelve months exceeded 40%.
According to the report, among the cheapest products in Argentina, several products stand out, such as beef, public transit tickets and apartment rentals. of a room in the city.
On the other hand, clothing still has higher prices than most countries badyzed, although with a smaller gap than in 2017.
estimates that between April and September , the average dollar reduction is about 38% for all products.
The McDonald's menu is a usual comparison: in Argentina it costs 4 USD. 9 (at the exchange rate of 34 pesos) over Peru (4.5 USD), Mexico (4.7 USD) and China (4.4 USD).
On the other hand, the sector's wages in dollars are now 43.1% higher than in Brazil, a gap close to the average of the last 20 years, compared to 192.6% (Argentina vs Brazil ) in October 2015 and 173.1% in October 2001.
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