Mittwoch, 25. Juni 2008

Inflation?




I was talking to a spanish bloke who'd been staying at the hostal on and off for a while and who has been in Argentina for almost a year now. Next to some general comments on price increases in the country, he commented on the fact that banana prices had skyrocketed over the past weeks:

4 weeks ago - 3 pesos for 1 kilo of bananas
2 weeks ago - 4 pesos
1 week ago - 5 pesos
now - 6 pesos

While this is not staple food by any stretch of the imagination, I had heard from a few sources that price rises had been considerable over the past months. Considerable, that is, for tourists, especially as far as food was concerned. Very serious for the vast majority of people whose earnings aren't keeping up with the price hikes.

The Economist has an interesting point on why these real price rises in Argentina don't always translate into CPI (consumer price index) rate rises and muddy the waters for any outside observers wishing to gauge the health of the country's economy.

I had noticed that the prices seemed steeper than I had expected, but had put it down to my inability to do anything on the cheap ;-) But now the many small groups of protesters and leaflet-wavers, especially in the calle peatonal Florida and on 25 de mayo make more sense.

2 Kommentare:

Rigó Jancsi hat gesagt…

Just read something about the serious agricultural situation in Argentina on Spiegel online, but don't recall much of it...

But to something completely different: Tunnel party!

http://www.youtube.com/watch?v=CdmFmFNZhig

And now that I've uploaded my first video to Youtube, the next one will be "How Matze wrecked my camera..." :-)

Mathias hat gesagt…

Soso, also hier in BA ging das Bild in der Kneipe
"Locos por el futbol" immer 5 Minuten floeten und dann stand es auf einmal 2:1 oder 3:2!
Das Finale werde ich mir irgendwo in Quito ansehen. Vielleicht schaffen wir es diesmal in die Tagesschau mit einem Taxi-Autokorso im Stadtzentrum.
PS: Ach und das mit der Kamera ist nie passiert; Du bildest Dir das nur ein!
Es war das Bermuda-Dreieck im Sauerland!