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Argentines accept inflation is in the range of 25%, but divided on the causes

Monday, February 14th 2011 - 03:36 UTC
Full article 5 comments

A majority of Argentines, 74%, believes that inflation is harming their finances and a similar percentage, 74%, considers the administration of President Cristina Fernandez de Kirchner is hardly interested in the issue, according to a public opinion poll published Sunday in Buenos Aires La Nacion. Read full article

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  • Zethee

    This is clearly a lie, QUICK BLAME SOMEONE ELSE!

    Feb 14th, 2011 - 03:58 am - Link - Report abuse 0
  • NicoDin

    random samples: Prices for final consumers where any Fabio cans buy and superMarkets pay a fraction of this cost for volume discounts, etc
    prices from 02/04/2011 last (Friday). Source: http://www.alcentral.com.ar/precios.html

    http://www.alcentral.com.ar/precios.html
    http://www.alcentral.com.ar/precios.html

    Buying Cost sale price Supermarket Cotto Disco

    1 kg Tomatoes perita Comercial $ 0.89 cost 1 kg $7,49 1 kg $7.99
    1 kg Tomatoes perita Normal $0.74 cost
    1 kg Tomatoes perita selected $1.34 cost

    1kg Tomatoes Red com $0.87 1kg $7.99
    1kg Tomatoes Red Norm $0.63 1kg $2.99
    1kg Tomatoes selected $1.26 1kg $9.90

    1 kg Lettuce Comercial $1.66 1kg $9.99
    1 kg Lettuce Selected $2.48

    1 kg Potatoe Comercial $0.50 cost 1 kg $4,70 1 kg $3.00
    1 kg Potatoe white $0.60 cost 1 kg $12,73

    1 kg carrots $1.32 cost 1 kg $5.99

    1 kg grapes Comercial $3.54 cost 1 kg $8,45
    1 kg grapes Normal $3.04 cost 1 kg $8,45
    1 kg grapes Selected $3.96 cost 1 kg $10,59

    Any doubt that the rise of prices is done buy the big supermarket chains thanks to their dominant procession?

    This is a business opportunity who wants tomatoes for $1,74 same quality of those you pay in Disco/Cotto 7.99? over $100 purchase in vegetable free delivery to your home within BA.

    : )

    Feb 14th, 2011 - 06:25 am - Link - Report abuse 0
  • Monty69

    You clearly have no idea of how the retail business works, Nico.
    When I worked in shops, there was always round about 100% mark-up on most goods, apart from perishable goods (eg tomatoes) which would be higher.
    If you want to pay less either go straight to the growers or wholesale markets, or grow your own.
    You can't blame all your probems on the supermarkets.

    Feb 14th, 2011 - 11:10 am - Link - Report abuse 0
  • WestisBest

    “This is a business opportunity who wants tomatoes for $1,74 same quality of those you pay in Disco/Cotto 7.99? over $100 purchase in vegetable free delivery to your home within BA.”

    Selling at cost? some business opportunity Nico...bankruptcy beckons I fear.

    Feb 14th, 2011 - 11:50 am - Link - Report abuse 0
  • NicoDin

    @ Monty69

    Dear Monty some years ago I was supplier of household special Items that we manufactured to some of these HyperMakets (Cencosud SA owner of Jumbo, Disco SA and Coto SA to be precise).

    What we sold to Cencosud SA at $10 they later sale it to $30 and not happy with that they asked to buy 2nd selection Items to maximize their profit. No enough for them the 30 days due payment agreement was delayed all the time to 60 and 90 days. After many operations with the same song we stopped to sale our products to them.

    Don’t worry I know very well how is the retailer business in supermarket sector we call it “the perfect business for the fools”. Haha

    : )

    @WestisBest

    What selling at cost mate? $1.74 has 100% sale margin.

    I think you guys got confused because the textarea of this forum (what we use to post our messages) had made a big mess with the format of the list.

    Here a simple example so you can understand.

    The cost of 1kg of tomatoes from where the supermarkets buy and later resale the same stuff, sales to any Fabio (any customer) to $0.89 (0.89 pesos) the Kg if he buys a closed box.

    So buying cost for Fabio is $0,89 any supermarket sale the same to $7.99 800% over Fabio’s cost.
    But if a supermarket buys they get huge discounts for volume, etc. What that can increase the margin even more.

    So at least they get 800% profit over cost.

    Now you tell me what legal business in the retail sector can work with that margin?

    : )

    Feb 15th, 2011 - 03:56 am - Link - Report abuse 0

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