BUENOS AIRES, Feb. 26 (UPI) -- Argentines began the year paying significantly more for beef, one of the country's most traditional foods. Prices rose 4.9% in Buenos Aires in January and climbed 73.4% over the past 12 months, according to a report from the Argentine Beef Promotion Institute.
In the annual comparison, beef prices by percentage rose than double the increase in chicken prices and more than triple that of pork.
Year-over-year, inflation reached 32.4%, meaning that even in a country accustomed to high inflation, beef prices rose at a much faster rate.
The impact is clearer when comparing prices directly. In January 2025, a 2.2 pounds of beef cost an average of 9,241 pesos, or about $6.60 at the time. One year later, the price reached 16,019 pesos, of about $11.49.
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