So much so, in fact, that alarmed nutritionists repeatedly warn the local populace to please eat more vegetables. In his newsletter Urcía explained that the price increase is a necessary measure after the 42 percent annual salary increase the government agreed upon in July. On top of this meat consumption in Argentina has declined over the last year and the export sector has as well. This was blamed mainly on food price increases of 32.6 percent over the last year, though it is likely that rising utility bills are no innocent bystanders in this. The report revealed that Argentines are reeling in their spending by 26 percent.

Source: The Bubble August 19, 2016 16:41 UTC