Gold Today's Rate Mustafa

"monkfish and prawn tartare 31.00 euros ... no, are pesetas, 3,100 pesetas. "A few days ago I found myself reviewing old receipts with a restaurant bill Horcher October 1997. I looked at her with curiosity and nostalgia. A dinner for two, a major celebration, if I remember correctly an of the first big restaurant I paid from my pocket and secure the first one was absolutely beyond my powers. The final price, with its 7% included would be the 18,110 pesetas, with some details that stand out: two cups of coffee, six hundred ESP, a beer, five hundred twenty-five pesetas, dishes on average between 2,900 and 4,000 pesetas -17.5 and 24 euros respectively. It was, in short, a splendid dinner price, 109 euros, which earned me a genuine excess.

In January 2011 much has changed, these eighteen thousand pesetas would match today, more than likely, with the budget you should consider one person to dine at the proper high Alfonso XII, even though the wine was so modest as the average rioja "Horcher fourth year" that cost only a thousand pesetillas.

Among my papers I found an invoice from another classic Cuenca, the Inn Hanging Houses, a stronghold of the Torres family and probably the only restaurant there was some level by the time of Cuenca. In this case the comparison is easier because the letter is immutable and has published the prices on its website. If the lamb was worth 2,460 pesetas then, is now 22 euros, the partridge has gone from 1,872 pesetas to 18 euros. Of all the examples I found in my old wallet, is probably the case more restrained, perhaps from being in an economically depressed city and the tourism has come to a trickle.

If there is a parameter of "inflation hospitality" at least in regard to restaurants, "we are talking about a range that goes from 60% to 100% increase over the fourteen years. Growth was more or less aligned with the curve of income per capita during that decade, 1998, 2008 - In a little less than eleven thousand euros per person arrived at nineteen thousand or so, riding on giant with feet of clay of the real estate industry . Even in those days of wine and roses had a slight difference, but not enough to scare away customers.

However, the situation is reversed and our per capita income has fallen by 6% in the last two years is just as in the eighteen thousand euros. Trend is likely to soften, but it appears that the downward trend will continue for a few semesters. Many restaurants have been caught English in the wrong context, a society that is not what it was. Prices are equal to or greater than those of five years ago, give only to grow-with the result that we know: empty dining especially during the week and in restaurants with pretensions. While the hotel industry worldwide is dumped at a fixed price menus, in Paris the formulas are a classic, and even the Michelin-starred restaurants struggle to fill the room, at least during lunch - Le Bristol in Paris offers a menu at 85 euros, and a few hundred meters Les Ambassadeurs competes with another 68 euros, in New York Eleven Madison Park stays in the $ 60 and includes London Sketch includes wine for 35 pounds, the cards in Spain are surprisingly CPI growing by customers come or not.

salaries frozen or low-less consumer-price inflation and a slight period of plenty, go to a restaurant today costs much more in relative terms than fifteen years ago. Misdiagnosis.