Argentines grill more steak despite biting 109% inflation

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Argentines grill more steak despite biting 109% inflation
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Argentines are expected to eat the most beef in five years in 2023, extending the South American country's reign as No. 1 steak consumer per capita despite 109% inflation on food prices

The proportion of beef in meat consumption climbed this year to 46 percent from 44 percent two years ago. / Photo: Reuters

The major beef producer, where"asado" barbecues are a key part of the culinary culture and steakhouses dot city streets, has seen in recent years beef consumption dip as prices climbed and diners shifted to cheaper chicken and pork. The exchange said the relative cost of beef versus pork and chicken had dropped since 2021, though it remained elevated versus a historical average.The proportion of beef in meat consumption climbed this year to 46 percent from 44 percent two years ago.

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