Food Prices Doubled in Argentina in 2007, Vegetables Raised Rates Even Greater

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High international commodity rates have driven up food prices in Argentina exponentially over the past few years, with 2007 being the worst year since the economic collapse in 2001. Though still relatively cheap by world standards, locals have struggled with food price inflation, prompting the government to investigate how to control the surge, and bring prices back down to a reasonable level. Vegetables, milk, and wheat have seen the greatest increase in price, doubling over the last year in some cases. Argentina is the world’s third largest exporter of soybeans, and sixth largest exporter of wheat. Beef is still cheap, despite rapid inflation in that sector as well. As a traveler, it’s important to understand that restaurant prices and market prices often change weekly, so don’t be surprised if your check looks different every time you dine.

Via: Argentine Dreams

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