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  3. The Argentine Economy

Inflation in Argentina

  • Rice
  • February 1, 2022 at 1:23 PM

There are 528 replies in this Thread which has previously been viewed 38,944 times. The latest Post (May 15, 2025 at 12:33 AM) was by Rice.

  • Splinter
    Admin
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    14,778
    • May 14, 2024 at 7:09 PM
    • #361

    Milei always said it would be a slow process, as did others and we knew it would.

    I can wait.

    A Brit In Buenos Aires

  • Online
    Rice
    Posts
    15,442
    • May 14, 2024 at 7:27 PM
    • #362
    Quote from GlasgowJohn

    April inflation recorded at 8.8%.

    Last 12 months 289.4%

    First 4 months of 2024 - 65%

    Slowly getting better but only very slowly

    This is even better than hoped for!

    I can’t remember: does Argentina include food prices in the inflation index? I’m pretty sure we’ve talked about this before, but just can’t recall if they do. I ask because it sounds as if grocery prices increased more than 8.8% in April.

  • serafina
    Moderator
    Posts
    5,863
    • May 14, 2024 at 11:38 PM
    • #363

    We have installed humidity absorbents in the bedroom wardrobe of our STR. They were about $4500 when my husband bought 4 of them at the end of March.

    As our last tenant checked out in Saturday and the absorbers converted into liquid, plus there was mold on the inside, he went scouting for the same stuff at Coto (where he originally bought them) and they cost 12,000 each.

    We’ll pass, thanks!

  • Splinter
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    • May 15, 2024 at 9:48 AM
    • #364

    Last August we took a delivery of 300kg quebracho and espinillo wood for the log burner and it cost $26,000.

    Today's price is $120,000.

    :nut:

    A Brit In Buenos Aires

  • Online
    Rice
    Posts
    15,442
    • May 15, 2024 at 12:02 PM
    • #365

    That sounds like sheer opportunism on the part of the wood seller, Splinter . Or am I missing something? I’m assuming that fuel/transportation costs have risen. But as for the product, has Ma Nature quintipled the cost of wood ?

  • Splinter
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    • May 15, 2024 at 3:29 PM
    • #366
    Quote from Rice

    That sounds like sheer opportunism on the part of the wood seller, Splinter . Or am I missing something? I’m assuming that fuel/transportation costs have risen. But as for the product, has Ma Nature quintipled the cost of wood ?

    It's $100 more per kg to have it delivered and they're only coming down the road.

    $300/kg collect yourself or $400/kg delivered. We're getting 200kg delivered because our poor car is already in a mess and I don't want to wreck it any more.

    Anyway, it's still the cheapest price in these here parts, pardner.

    A Brit In Buenos Aires

  • Splinter
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    • May 22, 2024 at 4:17 PM
    • #367

    Inflation in the UK has just been confirmed as 2.3% per annum.

    What a luxury and can you imagine that kind of number here in Argentina, or would it just be too boring?

    A Brit In Buenos Aires

  • Bombonera
    Guest
    • May 22, 2024 at 4:28 PM
    • #368

    I can’t wait for some of you to get back to the UK and have a look around the supermarkets

    At the prices.

  • UK Man
    Posts
    11,238
    • May 22, 2024 at 7:41 PM
    • #369
    Quote from Bombonera

    I can’t wait for some of you to get back to the UK and have a look around the supermarkets

    At the prices.

    I was looking at Tesco online prices yesterday to look at the price of double cream and it was cheaper than here!! As were tea bags.

  • Online
    Rice
    Posts
    15,442
    • May 22, 2024 at 8:24 PM
    • #370

    What about chicken, eggs, milk, and mince?

  • UK Man
    Posts
    11,238
    • May 22, 2024 at 8:25 PM
    • #371
    Quote from Rice

    What about chicken, eggs, milk, and mince?

    Milk was also cheaper. Not checked the others.

  • Online
    Rice
    Posts
    15,442
    • May 22, 2024 at 9:56 PM
    • #372

    I assume the Tesco website advertises their weekly sale prices rather than their regular prices?

  • UK Man
    Posts
    11,238
    • May 22, 2024 at 9:59 PM
    • #373
    Quote from Rice

    I assume the Tesco website advertises their weekly sale prices rather than their regular prices?

    Regular prices.

  • Bombonera
    Guest
    • May 22, 2024 at 10:14 PM
    • #374
    Quote from UK Man

    I was looking at Tesco online prices yesterday to look at the price of double cream and it was cheaper than here!! As were tea bags.

    Absolutely! I covered similar in a post 13 months ago. There’s plenty of things here way out of kilter price-wise and often things that are staples in the UK like bread for example are better and cheaper than here. And the UK isn’t even renowned for bread.

    I bought some Korean noodles earlier and paid p 4000 for them. An outrageous price but I want my spice hit in the next day or 2.

    One thing I bought in Tesco for my trip was a 48 tablet pack of Rennie. It was £6 which is ridiculous. Though I have no idea what they cost here.

    of course I could cherry pick cheap stuff as well as dear stuff. Because it is a mixed bag in comparison to here.

    Coffee springs to mind and I’ve a feeling the price has risen here too.

    It’s £7 a jar now pretty much across the board. That’s a big jar but it was a fiver a year ago.

  • Splinter
    Admin
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    • May 23, 2024 at 8:24 AM
    • #375

    What I miss about UK shopping is knowing that prices don't go up every week, the incredible choice in supermarkets - wine for example is from all over the world, not just one country like here - and last but not least, the quality of what's on offer.

    This is one of the reasons I'm looking forward to our UK trip in August where I'm going to take my daughter shopping and help her stock up in Tesco, Morrison's, Aldi, Sainsbury, M&S and just enjoy the browsing like a cat in fish shop.

    A Brit In Buenos Aires

  • serafina
    Moderator
    Posts
    5,863
    • May 23, 2024 at 9:08 AM
    • #376
    Quote from Splinter

    This is one of the reasons I'm looking forward to our UK trip in August where I'm going to take my daughter shopping and help her stock up in Tesco, Morrison's, Aldi, Sainsbury, M&S and just enjoy the browsing like a cat in fish shop.

    My mother gets fed up to take me shopping at supermarkets because I am still in aisle 1 when she's already done shopping. I am just amazed by the quantity and quality, and variety. And now also by the price, I'd guess!

  • UK Man
    Posts
    11,238
    • May 23, 2024 at 10:23 AM
    • #377
    Quote from Splinter

    What I miss about UK shopping is knowing that prices don't go up every week, the incredible choice in supermarkets

    Indeed.

    Where we are I just find going to the supermarket a ruddy chore. In the UK we enjoyed going to do the weekly shop especially for the range of products available and guaranteed quality. Lots of space to move about inside, the in store cafe for a cuppa and tons of car parking space outside.

    The two stores we have here are shite in comparison to be honest. :thumbdown:

  • Online
    GlasgowJohn
    Posts
    5,481
    • May 23, 2024 at 10:29 AM
    • #378

    I am fairly lucky here / Jumbo has a pile of parking as does the big Coto in Garin.

    Jumbo is 10 minutes away and Coto about 15

    Even the small Dia has about space for 20 cars.

  • UK Man
    Posts
    11,238
    • May 23, 2024 at 10:44 AM
    • #379
    Quote from GlasgowJohn

    I am fairly lucky here / Jumbo has a pile of parking as does the big Coto in Garin.

    Jumbo is 10 minutes away and Coto about 15

    Even the small Dia has about space for 20 cars.

    Both La Anonima and Vea have parking, the first is tiny with no room to manouvre so there's a good chance of having your car scraped. Vea's is always rammed full as people use it as a free town centre car park since the automatic barriers broke months ago and haven't been repaired. You used to have to ask for a ticket showing your receipt to get out.

  • Splinter
    Admin
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    • May 23, 2024 at 10:52 AM
    • #380
    Quote from UK Man

    Both La Anonima and Vea have parking, the first is tiny with no room to manouvre so there's a good chance of having your car scraped. Vea's is always rammed full as people use it as a free town centre car park since the automatic barriers broke months ago and haven't been repaired. You used to have to ask for a ticket showing your receipt to get out.

    Which is why I prefer to always go on my bike. No parking worries.

    A Brit In Buenos Aires

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