The Wholesale Price Index increased 5.5% during September and the cost of Construction 7%, reported the National Institute of Statistics and Censuses (Indec)
Thus, in the first nine months of the year, wholesale prices advanced 64.8% and construction prices 60.2%reported the body.
In the year-on-year comparison, the rise reached 78.4% in the case of wholesalers and 73.1% in construction.
The Indec ended, thus, with the dissemination of the price indices, which began last week when it announced the variation of the retail segment that registered a rise of 6.2% in the month, from the 66.1% accumulated in the year, and 83% for the last 12 months.
In the wholesale segment, increases of 4.5% were registered for primary products; 5.6% in manufactured goods; 6.2% in imported ones; and 7% on the cost of electricity paid by companies.
among the primary the rises of 6.6% in agriculture and livestock stood out; 8.5% in non-metallic minerals, linked to construction; 2.9% in fishing boats; and 1.5% in crude oil and gas.
For its part, among manufactured goods there were increases of 5.7% in food and beverages; 8% in textiles; 6.1% for refined oil; 5.5% in mass metals; 6.1% in machinery and equipment; 7.2 in furniture and other industrial products.
So far this year, primary products have risen 61.5%; manufactured, 66%; electricity, 82.8%, and imported ones, 59.6%.
Among the primary ones, the rise of 75.1% in fishing and 73.4% in non-metallic minerals stands out.
Above the average increase of 64.8%, the rises of 91.4% in garments of textile materials stood out; 75% in textile products; 74.7% in refined oil; and 66.7% in machinery and equipmentamong others.
As for construction, during September there were increases of 5.9% in materials, 8.2% in labor, and 6.8% for general expenses.
During the past month there were increases of 15% in faucets and stopcocks, 10.6% in metallic products for sanitary and electrical installation, 9.3% in insulators; 8.9% equipment for fire, and 8.5% sanitary.
The Government is working this week to outline the future “Fair Prices” program that will cover between 1,500 and 2,000 products that will have the price printed on their packaging.
The meetings to launch this program with directors of the main mass consumption companies began on Monday with meetings with directors of Mastellone, Bimbo, Molinos, Coca Cola, Aceitera General Deheza and Quilmes.
The program, announced last Sunday by the Economy Minister, Sergio Massa, will include the obligation of the companies to place the final price on the product package.
The initiative will include the 30 large price-setting companies that represent 65% of mass consumption, and the Government’s expectation is that “it will last 90 to 120 days” with the aim of “building predictability in the gondola”.
