With the ever-rising cost of living in Argentina, even the most basic of amenities are being affected now.
Ámbito compared the supermarket prices of milk, bread and other grain-based products such as dried noodles and spaghettis in Argentina, Chile, Brazil and Uruguay and concluded that Argentina has the highest prices in the region, despite an abundance of arable land and cows.
The irony, however, is lost on consumers who have to fork out an average of US $1.50 for a liter of milk and US $3 for a standard loaf of white bread, which is significantly more expensive than Brazil (US $1.57 per loaf), Chile (US $2) and Uruguay (US $2.69).
(At least bread in Argentina is still significantly cheaper than in the Spanish village of Algatocín, where loaves go for US $145 because the loaves are made with edible gold – purely because the West’s opulence knows no bounds.)
The problem, once again, comes down to supermarkets charging exorbitant prices for these basic goods. According to Ámbito, while supermarket chains price a carton of milk at an average of AR $20, producers only get a miserly AR $2.70 back. You do the math.
This isn’t anything new in Argentina where disproportionate supermarket prices have caused two national strikes on supermarkets to date under the hashtag #SuperVacíos (#EmptySupermarkets) to protest hacked-up prices. Even politicians have encouraged the strikes.
In an effort to keep prices fair and competitive, President Maurcio Macri’s government last week launched a new online platform called “Clear Prices” on which supermarkets around the country will have to report their products’ prices in order to allow consumers to choose where to bring their business.