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What are the 10 products that can no longer be bought with $1,000?

What are the 10 products that can no longer be bought with $1,000?

“The loss of purchasing power of our currency it is accelerating and the nominal value of the currency is at its lowest level since hyperinflation. Argentines require more and more tickets to carry out the same shopping mission. In fact, a purchase that in 2022 was made with 1 $1000 bill today requires 3 or 4 additional bills to be able to make it,” said the director of the consultancy, Damián Di Pace.

In turn, Di Pace specified that “the macro fundamentals are various since the current fiscal deficit is financed with monetary issue and more debt placement in pesos in the market. This is generating more future uncertainty and in the present the banknote loses confidence increasing its speed of movement. Argentines get rid of the peso at a faster rate despite the fact that the Government aspires to them with more debt placement.”

What can you buy with $1000?

In the cases of sunflower oil of 3 liters and of a chicken batter packet for 360 grams, in 2022 with $1,000, the consumer received change of $160 and $500, respectively. Currently to purchase the same products, other than the full $1,000 bill, $800 must be added more to buy the oil and $200 more to buy the package of chicken batter.

by the side of pack of 6 beer cans and the French fries of 124 grams, the report showed that in 2022 those products were available for $670 and $310, respectively. Whereas today, in the gondolas the beer sells for $1,250 and the fries for $1,050.

The XL diapers of 36 units and the fabric softener of 3 liters, on the other hand, last year they were at $772 and $520, respectively. Now, the same products are listed at $1,780 and $1,200 each.

In the case of liquid laundry soap of 3 liters in 2022 it was sold to $575 and is currently achieved by $1,220. Meanwhile he sanitizing fluid of 770 ml, before it was marketed by $610 and now for $1,120.

He fernet of 750 ml. and the roasted coffee of 500 grams. The first, in 2022, was sold to $760whereas now it is achieved by $1,840. While the coffeelast year I was $537 and currently appears at $1,220.

Source: Ambito

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