Hair products are 329% more expensive on the Uruguayan side. Blow to the commerce of the coast.
The price difference between the borders of Uruguay and Argentina continues to growspecifically between the city of Leap and Concordwhere the exchange rate gap with respect to the values of the hygiene basket stands out: some products come to be a 329% cheaper on the Argentine side.
The basic hygiene basket is made up of toilet paper, deodorants and antiperspirants, hair products – as shampoo, conditioner, sap and hair creams – toothpaste and soapsamong which are the toiletries, the liquid, the bar and the shower gel.
According to the report “Border Price Indicator” of the Economic Observatory of the Catholic University of Salto, this city has historically been more expensive in this type of products. However, the price gap has reached historical values. According to the observatory, the prices of these products are a 228.8% more expensive in Salto than in Concordia, in the Argentine province of Between rivers.
Analyzing them in a particular way, toilet paper is the one with the least difference with 118%. In second place are soaps with 201.3%, third is toothpaste with 230.31% higher prices on the Uruguayan border side. Deodorants and antiperspirants, for their part, are 284.3% more expensive, while the division with the highest prices is hair products with 328.7%.
What households save by buying across the border
The latest survey of the Economic Observatory of the Catholic University of Uruguay (UCU), registered a difference between one side and the other of the Río de la Plata. The indicator used shows that, in household consumption spending, the inhabitants of Concordia, on the Argentine side, had a 59% cheaper purchase the same family basket as people who live in Salto. Seen from the point of view of the neighboring country, Salto is a 144% more expensive than Concordia.
The important and growing difference is mainly explained by the exchange rate variation, where the dollar maintained a downward trend during the first month of the year in Uruguay, while the opposite happened in Argentina. In November of last year, the gap from the Argentine perspective was 121.9%, while in October it was 118%.
Source: Ambito
