Compare this to the Cost of Living in Buenos Aires (Feb 8, 2012).
Note - since we've settled in, I'd say prices overall are 50% of Vancouver - with real estate being 1/3rd for the same bells and whistles shimmering in the unbeatable sun.
Note 2. At last check, I converted everything into Canadian at 4.36. Now it's 4.40. So there's that.
Note 3. Those prices were in lb, okay, what a pain this is turning out to be. Either way, I've converted everything back into pesos/kg. And then the difference, because this is a post about inflation - not a cost of living comparison.
Bread 20 vs 18.25 (+11%)
Stella 10/l vs 7.95 (+25%)
Pears 11 vs 12 (-0.92%)
Apples 13 vs 12 (+8%)
Lettuce 16 vs 16 -
Eggs 7/6 vs 6/6 (+17%)
Banana 10 vs 9 (+11%)
Quilmes (local beer)/L 7 vs 5 (+40%)
Milk 7.15 vs 6.50 (+10%)
Gasoline 5.36 vs 4.94 (+9%)
The average increase of these goods is about 12%. That's in 2 months. So by my very rough calculations inflation is at 72%/year.
This is a bit skewed by tons of factors, but it's hard to ignore that prices are going up constantly.
The World Bank estimates inflation is 25-30% per year, which the government adamant refuses, they say it's closer to 10%.
Here are a few commentaries on the situation:
Argentina on the Brink?
85% chance of recession in Argentina
Argentina's fuzzy math problem.
The tens are pretty much useless.
No comments:
Post a Comment