Economy Politics Local 2026-01-31T22:37:50+00:00

Argentina Steak Price Controversy

A financial analyst for an Argentine minister claimed steak costs $11,000, a figure disputed by market data and consumers. Meat prices have hit a record high, leading to a sharp drop in consumption.


Argentina Steak Price Controversy

A financial analyst for the minister claimed that a kilogram of steak costs $11,000, a figure quickly denied by consumers and a recent market report. According to the Argentine News Agency, the controversy erupted when Núñez responded to a user complaining that the price had jumped from $4,000 to $24,000. Leaner cuts, such as the vacío, climb to $16,750, and the skirt steak exceeds $20,000. A report from the Institute of Economics at UADE (INECO), released in the last few hours, reveals that the current average price of steak is $15,340. The survey details that this value not only refutes Núñez but also represents a historic price increase: the current price is 47% higher than the historical average recorded between 1996 and 2025, which was around $10,449 in constant value. The barbecue is dead: beef consumption has fallen by 42%, and with one kilogram of steak, you can buy four chickens. The disconnect with real prices occurs in a context of forced changes in habits due to the wallet. The price disparity is such that today consumers choose between buying 1 kg of steak or 4 kg of chicken with the same money. One of the most viral messages showed a price list from a butcher shop dated January 26, 2026, where 'Whole Steak' is quoted at $14,400 and the grill steak at $13,900, well above the $11,000 cited by the official. 'Let him know where he buys it for 11,000 and we'll go,' they joked on social media X. The data that buries the narrative. Beyond the online debate, official market figures contradict Caputo's advisor. With a mocking tone, the official shot back: 'The steak costs 11 thousand, 7.5 dollars... It's not seen anywhere.' The reality on the shelves. The advisor's claim sparked a wave of responses from users who displayed receipts and current price lists.