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Overpriced restaurant meals, price gouging.

by jaui @, Zihuatanejo, Sunday, December 25, 2022, 13:07 (1416 days ago) @ Timmac
edited by jaui, Sunday, December 25, 2022, 16:39


It will be interesting to see if prices moderate in spring when they have to depend on locals more. "

12-25-2022

@Timmac

You made an excellent point
:megusta:

In would seem to me that business that don't mainly cater to extranjeros , that also for the most part depend on the local Mexican population, can only go so far with price increases, before the "bottom falls out of the market", and they lose their customer base.

Extranjeros more likely are able to tolerate price increases.
Currencies such as the US$ serve somewhat as a "buffer" for that, though the dollar has even depreciated a tad as well.

Locals aren't, as wages do NOT rise accordingly to the %age of the price increases.

As the other User justly commented, her pension only went up 2%, while prices for many products and servicies, generally speaking, are up from 5% to 40% +.

Here are a few real life examples I found:
The pizza that went to 115 from 109, or la malteada to 50 from 45;
At Soriana Cafe Friday Pizza Night started at 99, 1- 1½ years or so ago. The regular price without the discount, tamaño familiar was 165. Now the Friday Pizza Night price is 150, with a "List price" of 180.
Taking into account it is the giant size, at 150, I think it still is a good value, though not as it was at 99.
I also liked it better than what I recently ate at the new Dominos.


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