CecilM
Active member
More and more studies are showing the same thing: even if they claim inflation has gone down, what good is it if people still can't cover their basic needs? A lot of folks are cutting back on activities or opting for cheaper brands because their buying power has taken a hit. Everyone around here says we need to wait and give Milei some time, but the reality is that his extreme measures are crushing the middle class, turning Argentina into one of the most expensive countries to live in.It's no surprise; we're in an expensive country with low wages (especially for locals earning in pesos). Milei’s recessionary policies have driven salaries to their lowest in the region, while prices remain the highest, thanks to currency lag and brutal economic adjustments.
View attachment 6951La recesión para bajar la inflación derivó en un país caro de salarios baratos
Argentina posee el costo de vida más caro de la región e incluso de ciertos países de la Unión Europea en términos relativos.prod.eldestapeweb.com
Cuál es el país de Latinoamérica más caro para vivir donde se necesitan 11 sueldos mínimos más que en Europa
El costo de vida del país más caro de la región supera incluso a algunos de Europa en varios aspectos, según un reciente informe de la UBA (Universidad de Buenos Aires)
www.lanacion.com.ar
The research published by the Center for the Recovery of Argentina (Centro RA) at the UBA Faculty of Economic Sciences concludes that to cover the cost of living for a family in Argentina, you need "approximately six more basic salaries" compared to Brazil and Peru, the next most expensive countries in the region.
Argentina currently has a minimum wage of $262,432 (about US$292 at the current official exchange rate, around US$200 at the parallel rate used for the study). Compared to Europe, a typical family in Argentina needs, on average, 11 more minimum wages to buy basic goods and services and rent a property.