The meat puts pressure on the prices of the month of February

The rise in the price of meat will have a great impact on the cost of living in February, warn specialists. The increase is close to 20% in the main cuts, and the product is already more expensive than in Brazil, although it is still more accessible than in Chile and Uruguay.

A study by the Mediterranean Foundation revealed that in January the average price of a basket of eight medium-high quality cuts in Argentina was $1,780 per kilo, 11.4% lower than Brazil. In February, on the other hand, this price had risen to $2,267 per kilogram, representing a rise of 27.3%; 11.4% higher than Brazil.

In the comparison between Uruguay and Argentina, twelve cuts of beef are included. The results showed that, in December 2022, the average price of the cuts was US$9.06 per kilo in Uruguay, and US$6.69 per kilo in Argentina, 26% cheaper.

In the comparative case between Chile and Argentina, thirteen similar cuts of meat were included and it was discovered that, in December 2022, the average price of this basket in the trans-Andean country was US$11.98, while in Argentina it was US$ 7.89.

According to the work, it is not clear if the price adjustment for beef and meat will continue in the coming weeks, because it depends on consumer behavior, how exports respond to a business that sees its margins reduced and the attitude of producers facing the new scenario.