How expensive are tradable goods in Argentina, after so much inflation in recent months? The answer is "about the same" as in the US at the official exchange rate and only slightly lower at the parallel "blue" rate. Just three months ago, after the last major devaluation of the peso, the same basket was priced at only 60% of the dollar cost in the US.
There are important differences across categories. For example, car fuels now cost roughly the same in Argentina and the US at the official exchange rate.
@albertocavallo Alberto, can we say that expensiveness is the same without looking at salaries? If a basket of goods costs the same nominally but salaries differ, probably after accounting for these differences or deflating by them, the basket won't turn out to be worth the same, right?
@albertocavallo Interesantísimo y excelente trabajo @albertocavallo. Te hago una pregunta: ¿las series está ajustadas por el diferencial de productividad (efecto Balassa & Samuelson)??
@albertocavallo Alberto que comparación tenes en Automóviles? La diferencia es del 40%? Gracias
@albertocavallo Useful figures. It would be interesting to see in other industries like automotive and real estate