The report shows what happened, for example, with a basic product in the basket of Argentines: yerba mate. The accumulated increase of the 500-gram yerba mate from 2008 to the present is 11,402%. MWhile $500 in 2008 could buy 162 packages of yerba, in 2022 we only bought 1 package. On the other hand, in 2008 with $1,000 we bought 323 packages of yerba mate, and today we buy 3 packages.
Another case is that of 1.5Lt sunflower oil. The increase in the product from 2008 to the present is 8,166%. While with $500 in 2008 we bought 64 bottles of oil, in 2022 we did not buy a bottle. On the other hand, in 2008 with $1,000 we bought 129 bottles of oil, and today we buy 1.6 bottles.
The case of the 390gr bran sliced bread is also paradoxical. From 2008 to the present, it is 6,567%. And while with $500 in 2008 we bought 115 packages of sliced bread, in 2022 we bought 1.7 packages. On the other hand, in 2008 with $1,000 we bought 230 packages of sliced bread, and today we buy 3 packages.
“The correction of the relative prices of the economy such as the official exchange rate, public utility rates added to the monetary issue that acts in lag, leaves an inflationary cushion for the acceleration of future prices that is still very highDi Pace concluded.
Source: Ambito
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