Jun 8, 2010
Pizza inflation in Buenos Aires
Tyler Cowen links us to this guy's blog, where he has been uploading pictures of Ugi's, a pizzeria in Buenos Aires, since 2000. He even collected the price data, and calls it Ugi's index. I played a bit with it and calculated the implied inflation rate and compared it to the official one. Of course, this homemade chart has to be taken with a grain of salt... but still, governments lie. What would I do for a muzza now...
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1 comment:
Is the yellow line for the overall inflation rate, or for food price inflation...might be even more interesting to see the implied inflation rate from Ugi's index up against the rate of food vs non-food inflation.
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