BUENOS AIRES. Inflation and recession have led Argentines to consume less beef this year. Beef consumption is down by almost 16% in the South American nation, where beef has always been a crucial part of the culture.
Many Argentine homes have built-in “parrilla” grills, and steakhouses dot street corners around Buenos Aires. However, due to triple-digit inflation and a recession, beef consumption has declined, and people are turning to cheaper food alternatives such as pork, chicken, and pasta.
The economic situation has also affected cattle ranchers, with input costs rising and drought affecting herds. As a result, beef exports have increased, but global prices have fallen, impacting the export sector. In response to the economic challenges, people are seeking cheaper cuts of beef or alternative meats, and overall, there is a trend of reduced consumption and fewer barbecues in Argentina.
Paraluman P. Funtanilla
Paraluman P. Funtanilla is Tutubi News Magazine's Marketing Specialist and is a Contributing Editor. She finished her degree in Communication Arts in De La Salle Lipa. She has worked as a Digital Marketer for start-up businesses and small business spaces for the past two years. She has earned certificates from Coursera on Brand Management: Aligning Business Brand and Behavior and Viral Marketing and How to Craft Contagious Content. She also worked with Asia Express Romania TV Show.
