pmacay
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The I read somewhere about the “The Big Mac” Index which was introduced in 1986 by The Economist magazine which uses the price of a McDonald’s Big Mac as a way to measure the purchasing power parity between countries.
This is “Pete and Ron’s Buenos Aires Sushi Inflation Index”
We used to order from www.sushi.com.ar “Furusato” for years, but switched to www.Maki-sushi.com.ar Maki Sushi about 3 years ago. I just tried Furusato and it looks like they’re no longer in business, shame, their quality and variety of sushi was the best, but they had a 2.5 hour delivery time which was very frustrating when you’re craving sushi. That’s why we switched to Maki Sushi, their delivery arrives in about 45 minutes.
Feb 2018: The cost of gyoza was $130 ARG pesos and the Combo “Go”, 32 pieces was $740 pesos for a total of $870 ARG pesos. The exchange rate we were getting in Feb 2018 was $19.75 Arg = $1 USA
Jan 2019: The cost of gyoza was $180 ARG pesos and the Combo “Go”, 32 pieces was $955 pesos for a total of $1,135 ARG pesos. The last time we exchanged USA dollars was about two weeks ago and the exchange rate we received was $38.50 ARG = $1 USA
So the price of our sushi dinner for two increased by 53% in ARG pesos, but in terms of the USA $ the price actually decreased from $44 USA a year ago to $29.50 today, a 33% drop.
Have my friends earning pesos had pay increases of 53% from last year, I highly doubt it. I don’t know how my Argentine friends survive!
Pete & Ron
This is “Pete and Ron’s Buenos Aires Sushi Inflation Index”
We used to order from www.sushi.com.ar “Furusato” for years, but switched to www.Maki-sushi.com.ar Maki Sushi about 3 years ago. I just tried Furusato and it looks like they’re no longer in business, shame, their quality and variety of sushi was the best, but they had a 2.5 hour delivery time which was very frustrating when you’re craving sushi. That’s why we switched to Maki Sushi, their delivery arrives in about 45 minutes.
Feb 2018: The cost of gyoza was $130 ARG pesos and the Combo “Go”, 32 pieces was $740 pesos for a total of $870 ARG pesos. The exchange rate we were getting in Feb 2018 was $19.75 Arg = $1 USA
Jan 2019: The cost of gyoza was $180 ARG pesos and the Combo “Go”, 32 pieces was $955 pesos for a total of $1,135 ARG pesos. The last time we exchanged USA dollars was about two weeks ago and the exchange rate we received was $38.50 ARG = $1 USA
So the price of our sushi dinner for two increased by 53% in ARG pesos, but in terms of the USA $ the price actually decreased from $44 USA a year ago to $29.50 today, a 33% drop.
Have my friends earning pesos had pay increases of 53% from last year, I highly doubt it. I don’t know how my Argentine friends survive!
Pete & Ron