Well, here are the numbers. The rotisiería china called Mandarin in Barrio Norte will be the arbitrarily selected sample (my apartment rent went up about 18% in a year, just in case you need to make sure that an arbitrarily selected sample works as a hypothesis). I have the menus from 4-2006 and 3-2007 (11-month cycles give you more inflation, just like 30-day months, which is how all gyms here work). So here are some prices:
dish/old/new/rise
Almond Chicken/12/14/16.6%
Wide Rice Noodles/10/12/20%
Spring Rolls/4/5/20%
Chinese Vegetables/6/8/33%
Seafood Casserole Thinger/25/30/25%
Most of the dishes are on the 15-20% rise in 11 months, but some rise as much as 33% (that's the max as far as I can tell).
So how cheap is Buenos Aires... ummm, it's getting worse fast. And for all the geniuses out there who say, "yeah, but the cambio will change to accommodate", that's just dead WRONG in the short- to mid-term. The government is buying up dollars to keep the dollar up at 3+ pesos, but if and when they stop doing this the dollar will drop to 2.5 or so. Then I'll be ending this blog, I think.
The point is that yes, the dollar does fall into line, but when? How long did we have uno-a-uno for here? I wasn't here but it was about 10 years of fiction.
1 comment:
Yes, things are dramatically rising here. In less then a month a 5 litre of bottled water went up 25%. Everytime you go to the store, the prices seem to rise.
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