MercoPress. South Atlantic News Agency
Argentine official inflation 0.8% and 6.6% in eight months despite price agreements
Argentina's Consumer Price Index (IPC) was of 0.8% in August, according to the INDEC statistics bureau, totalling 6.6% this year. Price hikes were mainly seen in food and beverage, household equipment and maintenance sectors. Meanwhile, entertainment costs went down in August. Read full article
Comments
Disclaimer & comment rulesHaHaHa LMAO
Sep 16th, 2013 - 04:55 am - Link - Report abuse 0Nice one to give us a good laugh at the start of the week.
The lies just keep coming...they have no shame whatsoever.
Sep 16th, 2013 - 07:23 am - Link - Report abuse 0Obviously decided they don't need the IMF or World Bank. And that IDB “loan” won't go where it's meant to. If it's paid!
Sep 16th, 2013 - 07:43 am - Link - Report abuse 0The Parcae having a constant longing for whatever they cannot have...
Sep 16th, 2013 - 08:49 am - Link - Report abuse 0Still 6 pesos per day??
Sep 16th, 2013 - 11:56 am - Link - Report abuse 0Just been to Burger King where I spent 94 pesos on lunch for myself.
@2 So correct
PMSL!
Sep 16th, 2013 - 12:56 pm - Link - Report abuse 0Bug-eyed Nestor would be so proud of his revamped INDEC, telling porkies with a straight face.
Nestor had eyes like pools, football pools , one home and one away
Sep 16th, 2013 - 01:12 pm - Link - Report abuse 0Did you know that the tooth fairy works for Indec.
Sep 16th, 2013 - 03:45 pm - Link - Report abuse 0@5 It's pretty crazy that fast food chains are considered “expensive” or a “luxury”, here.
Sep 16th, 2013 - 03:46 pm - Link - Report abuse 0Why would you eat Burger King in Argentina when you can get 18 really good empanadas for less money? Also, Mostaza is a better burger franchise, but I see your point. My grocery bill has doubled since Kretina started royally ruining the economy.
Mostaza is not better, Rg hamburgers are not very good.
Sep 16th, 2013 - 05:13 pm - Link - Report abuse 0I don't know how they can have good steak but lousy burgers.
The hamburger meat like Paty tastes like what they serve in school lunches here and i think 99% of the restaurants use them.
@ 5 Klingon
Sep 16th, 2013 - 06:43 pm - Link - Report abuse 0“Still 6 pesos per day??”
Yep. INDEC is right, a person can easily live on 6 pesos a day.
A family of 4 only needs:
1 liter of milk .. $ 18
1 kg bread ........ $ 19
1 kg tomatoes . $ 18
1 kg of meat .... $ 60
------------------------
Total ............ = $ 24
@9 & 10.
Sep 17th, 2013 - 10:48 am - Link - Report abuse 0I read that fast food chains change their recipes in different countries to suit the local taste buds. I can't confirm it as I have never eaten in a McDonalds or Burger King yet. Should I put it on my bucket list? Would I need a bucket?
I do like trying local dishes when I travel but I can understand why locals would want to eat food from other countries. I like to eat in restaurants offering food from around the world when I am in England.
Another point to consider - and I am sure I will get shouted down - is that in my experience Argentines and Chileans like to use US chains because of the aspirational aspect. The times friends want to visit a Starbucks when, in my opinion, there are perfectly good local coffee shops where you get served and often a little pastry thrown in, rather than queuing out the door for a coffee, just does not make any sense to me. Just sayin'.
12. McDonalds has different toppings on their burgers and different soda tastes depending on where you are in the world but they carry their standards everywhere. For example in the USA we don't have dulce de leche for pancakes. I don't think they have milkshakes there either.
Sep 17th, 2013 - 11:10 am - Link - Report abuse 0In Argentina, American fast food restaurants are considered luxurious and a treat. They are also a sought after place to work since you know you'll always get your check on time and they won't screw with your pay.
So from the message above it seems like the prices have gone up about 6x since I lived there and are just under 2X what we would pay here for an equivalent meal based on a 10/1 exchange rate.
All this means is the crash is closer than the Rgs know since the economy is so skewed and out of whack. The same thing happened in the 90s during hyperinflation. Coke cost 5X what we paid here in the USA! That can't go on for long.
Why do many American restaurants now have at their top of their menu a chimichurri dish? Why do many classic American joints offer Alfajores de maizena as dessert? Why do almost ALL american ice cream parlors now sell dulce de leche ice cream?
Sep 17th, 2013 - 01:27 pm - Link - Report abuse 0That's not very original.
Now, Argentina has by far the fewest fast food chains, probably in the world. No KFC, No Pizza Hut, no Dominos, no Taco Bell, very few Wendys, a few Burger Kings/Subways, and Mcdonalds as the only major player.
Go anywhere else in Latin America and Europe/Asia and its overcrowded with fast food.
Argentines are not stupid like the others, who just adore anything American for being American. If it's not a good product, or at least offers something original (which McDonalds did), then it fails.
TGI's is there and they LOVE Starbucks. They are queued out of the door for Starbucks.
Sep 17th, 2013 - 02:17 pm - Link - Report abuse 0It is true that restaurants adapt to local tastes. Even Starbucks has variations on Mate. The point is people want to be seen in them and will pay more for the privilege. I argue it out with friends there all the time. I think it is a waste of money just to be seen in a US brand, though I understand the aspirational aspect.
15. I was there when Starbucks opened. I couldn't believe they were so busy. I don't like their coffee. I did get used to Rg coffee when I lived there I liked the sweetness but once I came back to the USA I lost the taste for it.
Sep 17th, 2013 - 02:54 pm - Link - Report abuse 0Toby, Yes there are Rg inspired condiments on USA menus we have tastes from every area of the world. Not really sure what your point is?
I have never seen an Alfajor on non-Rg restaurant's menu in the USA. In general Dulce de Leche is a bit too sweet for us. Even though it may be called that it isn't quite the same as you get in Arg it is more like caramel.
Most of the big USA restaurant chains left in the 90s when you had hyperinflation. It had nothing to do with the Rg tastes. This is why I keep saying this next crash coming up I am pretty sure you'll see most USA mfgs leave and not come back for at least a generation.
I am not a fan of Starbucks either and why queue when you can sit in a perfectly nice coffee shop and have someone serve you.
Sep 17th, 2013 - 04:19 pm - Link - Report abuse 0I cannot stand Dulce de Leche. I do not understand the popularity or addiction to it. I guess it must be a taste acquired from childhood. I once sat on a plane next to a guy on a domestic flight and the chap spent the whole flight sticking his finger in a jar of Dulce de Leche and sucking it. LOL! He was in heaven.
17. The 1st time I had dulce de leche I told my friend that it was too sweet and burned my throat! It's not my fav but I do like it when I am there just not as much as they do.
Sep 17th, 2013 - 04:54 pm - Link - Report abuse 0It's like peanut butter, lots of Americans love it but not so much outside of the USA.
I've never seen TTTs food items in a restaurant. But since we have flavors from all over the world, sure.
Sep 19th, 2013 - 12:10 am - Link - Report abuse 0I bet Starbucks treats them well for an unskilled job, they are a fair-trade oriented company.
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