Home Latest News BIG-Mac index in Buenos Aires: Burger expensive, dollar cheap

BIG-Mac index in Buenos Aires: Burger expensive, dollar cheap

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W. Morning walk with my little finger in Buenos -Aires, there is an intervention. “Argentina is now in second place after Switzerland in the Big Mac Index,” says Parallelstrasse boxer master. Even Pinky, it seems, is surprised for a moment before she greets a boxer with a wagging tail. “Number one in Latin America and number two in the world, Big Mac in Argentina is so expensive,” he explains to me. Big Mac from McDonald’s is the same all over the world, and therefore you can easily compare the local price level in dollars – an indicator of how expensive Argentina is for foreign travelers and how cheap it is for Argentines abroad.

His son-in-law works at the Institute of Economic Research, and he explained this in this way: although the cost of the best income to sufficient earnings due to an increase in the “cheap dollar” in dollars from normal and low-income tariffs should move its costs due to increasing electricity tariffs, gas and water. Thus, while the lower middle and lower and lower class should fasten the belt more carefully for expenses such as food to make rounds, the upper middle and upper class captivates consumption through cheap journey and purchases abroad.

Argentina has become more expensive for everyone. In 2024, the inflation rate amounted to 115 percent compared to the previous year. Nevertheless, the overall increase in the price in the state currency was increased due to the devaluation of the dollar compared to the sand for travelers. In July 2024, the informal market cost 1,500 pesos. At the end of 2024, it was a little more than 1000 pesos. The dollar is currently as cheap as for a long time.

For winter holidays to Brazil

Therefore, they would booked Brazil for the upcoming winter holidays, says the master is heard quieter. “Five days in the Mar -Data -payment or two weeks in Florinopolis, the same price,” he says. While Mar del Plata, the popular Primorsky resort on the Arenati Atlantic coast, how many tourist places in this country suffer from the loss of visitors, places such as the Brazilian coastal city of Florinopolis, is torn at the seams. “And if you buy two or three pairs of sports shoes, jeans and t-shirts there, the vacation is almost free compared to here,” he says. He absolutely wants to buy I-Phot. “It costs a third less than in Buenos -Aires.”

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The other day, he went to buy a Brazilian response in the event of a clinical exchange of students, and it was not so simple. A year and a half ago, tourists from the neighboring countries of Brazil, Chile and Uruguay flocked through the pedestrian zone of Buenos -Aireza and did not believe how favorable boutiques and restaurants were. Since purchases in Argentina have become absurd for the Brazilians, it is unlikely to be repaired by response.

I just want to say that, like the euro, in my wallet I feel happily barking when kicks barking, because Raina, Collie from Rosario, bends around the corner. Your owner noticed the latest proposals and is immediately on this topic. Her sister works in a tourist agency, and she would also say that it is incredible how many Argentines travel abroad. “And not only for purchase in Chile or Brazil, but also to Europe and Asia,” she says.

Official data confirm this. In the first five months of the year, 6.7 million Argentines went abroad, more than when, since 2016, when the number was registered with the statistical administration. In turn, the arrival of foreign tourists in Argentina decreased by 20 percent. “All this reminds me of the 1990s, when the dollar was one, one was connected with Peso,” I will say thoughtful glances. “Everything went well for a long time, and then the stream quickly down.”

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