Minister of Economy Luis Caputo stated that he wears clothing from the Spanish brand Massimo Dutti because it is a 'relatively good and cheap' house. However, this statement has sparked a new controversy over textile prices, as his outfit costs almost twice as much as an equivalent one from the same company's local branch, Zara in Argentina. According to a price survey conducted this week, the cost of Caputo's 'economy' suit is estimated at $1,000,000. In contrast, buying a suit from Zara Argentina is much more affordable: a 100% wool suit costs 625,980 Argentine pesos, while a Slim Fit suit costs 439,980 pesos. This means Caputo's concept of 'cheap' involves spending almost 60% more than the top-of-the-line suit from the same company in Argentina. In conclusion, with what Caputo's 'economy' suit costs, an Argentine could buy two wool suits at Zara Argentina.
