In recent discussions about inflation in Argentina, it was noted that prices for certain products, such as beverages and food, continue to rise, while others remain stable. Luis and Mario from Parque Avellaneda addressed the impact of the rising cost of living on consumers. The inflation recorded in the last month was 1.2% for food according to Indec. However, soda prices increased by 4.8%, reflecting a discrepancy among different product categories. The situation is critical, with many families struggling to make their incomes last. Mario mentioned the complexity of maintaining inventory in his store due to the disproportionate price hikes of leading brands, even though sales are declining because of reduced purchasing power. Consumers, aware of the situation, are increasingly turning to wholesalers instead of relying on local retail prices. These economic challenges are not new, echoing past crises like that of 2001. Merchants and consumers hope that upcoming government measures will be effective and sustainable.
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11/15/2024
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