Coffee and cake prices

[perry]

For me as a expat living in Buenos Aires since 2002 prices in us dollars in many cases are now 10 times more in us dollars than at that period . People will critizise the Kirchners but the reality for most argentinians was very positive especially in the first presidency of Nestor Kirchner which was a golden period of argentinian history . I was working then as work was very plentiful and cost of living was extremely low . Even with a salary of 400 dollars a month people lived well as everything was so much cheaper .

Today I was in Palermo and this is what I saw croissants 6000 pesos . cheesecake with some rasberries 10000 pesos . carrot cake 8000 pesos . coffee cortado 5000 pesos . These were the average prices in 95% of cafes . I checked online for comparables in Europe Australia and USA and in every case prices were significantly cheaper especially for cakes . Croissants in Paris are on average 1.20 euros .

How Much Does a Croissant Cost in Paris (From 100 Bakeries)

Whether for breakfast or a snack, with coffee or hot chocolate, no one can resist a good croissant. But what does a croissant cost in ... Read more

www.france-hotel-guide.com

How is it justifiable that in Argentina they are 4 times dearer? In 2002 3 medialunas and a cortado served with flair and panache 2.80 pesos or just one us dollar at that time . Back then coffees were also served with mini factura and a small mineral water at no cost .

I used to have one coffee a day outside now its once every fortnight and I see that most coffee shops are empty except the most elite in Palermo and Puerto Madero . How long can these prices keep going up ?

 

[Vossos]

For me as a expat living in Buenos Aires since 2002 prices in us dollars in many cases are now 10 times more in us dollars than at that period . People will critizise the Kirchners but the reality for most argentinians was very positive especially in the first presidency of Nestor Kirchner which was a golden period of argentinian history . I was working then as work was very plentiful and cost of living was extremely low . Even with a salary of 400 dollars a month people lived well as everything was so much cheaper .

Today I was in Palermo and this is what I saw croissants 6000 pesos . cheesecake with some rasberries 10000 pesos . carrot cake 8000 pesos . coffee cortado 5000 pesos . These were the average prices in 95% of cafes . I checked online for comparables in Europe Australia and USA and in every case prices were significantly cheaper especially for cakes . Croissants in Paris are on average 1.20 euros .

How Much Does a Croissant Cost in Paris (From 100 Bakeries)

Whether for breakfast or a snack, with coffee or hot chocolate, no one can resist a good croissant. But what does a croissant cost in ... Read more

www.france-hotel-guide.com

How is it justifiable that in Argentina they are 4 times dearer? In 2002 3 medialunas and a cortado served with flair and panache 2.80 pesos or just one us dollar at that time . Back then coffees were also served with mini factura and a small mineral water at no cost .

I used to have one coffee a day outside now its once every fortnight and I see that most coffee shops are empty except the most elite in Palermo and Puerto Madero . How long can these prices keep going up ?

I expect we may finally be at a precipice. I order from Rappi a lot. Pizza data upped their Rappi prices from 16000 to 17000 about a month ago and a few days ago dropped back go 16000 pesos.

I’ve come to Argentina on and off for 3 years and I think this is the first deflation I’ve ever seen with my own eyes. Maybe supply and demand is finally becoming a reality here

 

[Quilombo]

I'm trapped here for several different reasons, and I'm just so god damn tired of paying double, triple, quadrupole, ten times US/EU prices for shitty Argentine or D quality Chinese products that most companies would be embarrassed to stock in the rest of the world.

This week it was a particleboard shelving unit, cost 25% more than IKEA, and half the quality. Additionally, it was stamped with the part number in blue permanent ink on two pieces, which are not possible to remove.

Same thing is happening with services too. Today we needed to wash some clothes as we're waiting for the plumber to install the washing machine in our new apartment. My husband goes to the corner wash and fold and asks how much, $4,000 they tell him, and he's like... "That's a lot per kilo, but okay I guess..." and apparently she's like "No, $4,000 per article of clothing" and he's like "Nope" and walks away.

I swear half of people in Argentina are on paco these days because you have to be high to think any of the prices for goods or services (and their quality) are remotely acceptable.

 

[Quilombo]

I expect we may finally be at a precipice. I order from Rappi a lot. Pizza data upped their Rappi prices from 16000 to 17000 about a month ago and a few days ago dropped back go 16000 pesos.

I’ve come to Argentina on and off for 3 years and I think this is the first deflation I’ve ever seen with my own eyes. Maybe supply and demand is finally becoming a reality here

I'm convinced it's dynamic prices. Rappi probably has some sort of thing that lets companies set it so if in an hour X orders aren't made of product Y a discount of Z is applied for set number of minutes/hours.

 

[perry]

I'm trapped here for several different reasons, and I'm just so god damn tired of paying double, triple, quadrupole, ten times US/EU prices for shitty Argentine or D quality Chinese products that most companies would be embarrassed to stock in the rest of the world.

This week it was a particleboard shelving unit, cost 25% more than IKEA, and half the quality. Additionally, it was stamped with the part number in blue permanent ink on two pieces, which are not possible to remove.

Same thing is happening with services too. Today we needed to wash some clothes as we're waiting for the plumber to install the washing machine in our new apartment. My husband goes to the corner wash and fold and asks how much, $4,000 they tell him, and he's like... "That's a lot per kilo, but okay I guess..." and apparently she's like "No, $4,000 per article of clothing" and he's like "Nope" and walks away.

I swear half of people in Argentina are on paco these days because you have to be high to think any of the prices for goods or services (and their quality) are remotely acceptable.

4000 per item does this include underwear and socks? Seems outrageous but nothing surprises me anymore !

 

[Rich One]

Consumers are agonizing, since most supermarket prices go up every week (more the 2.5 %).
Now looking at the issue from the vendors side (supermarket suppliers), must be having a field day raising prices 10 % or more, every week. Can't blame it on the dollar.

Milei falsely believed that competition among vendors would kick-in and prices would drop... Inexcusable for an Argentinian economist . Argentinian Economics 101; Supply and Demand laws don't apply in Argentina. Monopolies won't drop prices

Prices will keep going up until supermarket sales drops sharply, until supermarkets stop ordering eggs or other perishables and warehouses are filled with backlog orders . Then vendors will have to stop production lines sending Workers on leave.

 

[sergio]

I'm trapped here for several different reasons, and I'm just so god damn tired of paying double, triple, quadrupole, ten times US/EU prices for shitty Argentine or D quality Chinese products that most companies would be embarrassed to stock in the rest of the world.

This week it was a particleboard shelving unit, cost 25% more than IKEA, and half the quality. Additionally, it was stamped with the part number in blue permanent ink on two pieces, which are not possible to remove.

Same thing is happening with services too. Today we needed to wash some clothes as we're waiting for the plumber to install the washing machine in our new apartment. My husband goes to the corner wash and fold and asks how much, $4,000 they tell him, and he's like... "That's a lot per kilo, but okay I guess..." and apparently she's like "No, $4,000 per article of clothing" and he's like "Nope" and walks away.

I swear half of people in Argentina are on paco these days because you have to be high to think any of the prices for goods or services (and their quality) are remotely acceptable.

Seriously, 4,000 per piece? Did the shop assistant mark you as a naive rich foreigner? Can that be a real price? 4,000 pesos for a handkerchief?

 

[perry]

As many know I am greek and greek yoghurt manafuctured here is nearly 3 times dearer than greece . I cannot understand how these outrageous prices can be justified as argentina has more cows per capita than anwhere on the planet. There is a few local brands one is called Kays one tub much less than one kilo nearly 15000 pesos

Yogures

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[sergio]

Consumers are agonizing, since most supermarket prices go up every week (more the 2.5 %).
Now looking at the issue from the vendors side (supermarket suppliers), must be having a field day raising prices 10 % or more, every week. Can't blame it on the dollar.

Milei falsely believed that competition among vendors would kick-in and prices would drop... Inexcusable for an Argentinian economist . Argentinian Economics 101; Supply and Demand laws don't apply in Argentina. Monopolies won't drop prices

Prices will keep going up until supermarket sales drops sharply, until supermarkets stop ordering eggs or other perishables and warehouses are filled with backlog orders . Then vendors will have to stop production lines sending Workers on leave.

Consumers can boycott some items, but not everything. What I don't understand is why people are willing to pay such high prices for items that are not necessary. I can understand paying a high price for a cup of coffee in a cafe once in a while but why waste so much money on a piece of cake - or spend 6,000 pesos for a medialuna? Sadly you are quite right that the law of supply and demand doesn't apply to Argentina. The idea that subsidies can just be withdrawn, people thrown to the wolves without any consumer education and without any preparation is insane. And what is worse is that this extremism is being hailed as a model for the rest of the world.

 

[Vossos]

I'm convinced it's dynamic prices. Rappi probably has some sort of thing that lets companies set it so if in an hour X orders aren't made of product Y a discount of Z is applied for set number of minutes/hours.

I’d be inclined to agree if the software underpinning Rappi weren’t such trash. As a software dev some of the glitches I often encounter are funny at least