It is true, and natural, that supermarket prices for many but by no means all items are going back down to more reasonable levels.
Just yesterday saw supermarket brand bottles of water on sale for ARS300 - down from ARS1000 just some weeks ago, while just across the aisle a simple pottle of yoghurt that should cost $0.70 remains like ARS1500.
Even my local café has lowered their prices on various items slightly in recent weeks.
Look at apartment rental prices and you will see these have also come down significantly from 2023 levels too.
What many people fail to understand is that when businesses set their prices, they do their own futurology to speculate what the future cost of replacing/ fulfilling/ reproducing the items they are selling today will be worth and prices in Argentina do not behave like a synchronised swimming performance, there is always huge lag and variations in prices because of this. Many simply placed a bet on a dollar at ARS2000 and are now left holding their d*ck in their hand for all to see as it was apparent they were overly pessimistic at the time, and are faced with the difficult choice of (a) swallowing their pride or (b) taking a bet on the uncertainties that still obviously remain despite promising signals which all affect prices (e.g. paritarias, logistic costs, energy costs, dollar, import and export rules, consumer financing costs and behaviours, competition risk, CEPO etc) or (c) milking the status-quo for all its worth.
