The purchasing power for food over the past year has improved significantly: the report

Thanks to the economic recovery achieved by the Government of Javier Milei, between March 2024 and March 2025, Argentinians' purchasing power showed a significant improvement regarding essential products in the basic basket such as sunflower oil, yerba mate, milk, asado, eggs, and bread.

The Confederación Intercooperativa Agropecuaria Limitada (CONINAGRO) presented its monthly report From Salary to Plate: How far does the salary go?, which analyzes the evolution of purchasing power using the RIPTE (Average Taxable Remuneration of Permanent Workers) as a reference, a figure provided by the Ministry of Human Capital.

According to the most recent report, salaries experienced a year-on-year increase of 93% between March 2024 and March 2025, far surpassing the year-on-year inflation of 56%, according to data from the Ministry of Labor. This translates into a real recovery of purchasing power.

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How far does the salary go?

During the analyzed period, the salary according to RIPTE increased its purchasing power regarding the six basic products monitored by CONINAGRO in this report: sunflower oil, yerba mate, milk, asado, eggs, and bread.

The purchasing power to buy sunflower oil grew by 48.9%, which represents 116 additional 1.5-liter bottles. In March 2024, the salary was enough for 237 bottles; in March 2025, this amount rose to 353.

For yerba mate, the increase was 71.9%, equivalent to 128 extra kilograms (282 pounds). In March 2024, it was possible to buy 356 half-kilogram packages, while in March 2025, this reached 613 packages.

The purchasing power for milk increased by 57.4%, allowing the acquisition of 335 additional liters (88.5 gallons). In March 2024, the salary covered 583 one-liter sachets, a figure that rose to 917 in March.

For asado, the improvement was 16.4%, equivalent to 18.2 more kilograms (40.1 pounds). In March 2024, it was possible to buy 111 kilograms (244.7 pounds), and in March, 130 kilograms (286.6 pounds).

The purchasing power for eggs improved by 33.1%, which is equivalent to 97 additional half-dozens. In March 2024, it was possible to acquire 293 half-dozens, while in March this increased to 390.

Finally, for bread, purchasing power grew by 28.3%, allowing the purchase of 90 additional kilograms (198.4 pounds). In March 2024, 319 kilograms (703.3 pounds) of flauta-type bread could be bought, a figure that in March rose to 409 kilograms (901.7 pounds).

The purchasing power for food over the past year has improved significantly: the report

The purchasing power for food over the past year has improved significantly: the report

How far does the salary go?

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