The Minister of Productive Development, Matías Kulfas, announced this Monday that “in 24 hours” it will be defined which are the foods whose prices will go back to the values they had from March 8 to 10, after the meeting he held with leaders of the Coordinator of the Food Products Industries (Copal) and of supermarkets that, she maintained, was “constructive” although “she had some moments of tension because there was a kind of denial” on the part of the businessmen.
“In 24 hours it will be clarified what is the responsibility of the industry and intermediaries and the prices that have been adopted in an unjustified manner have to be rolled back to March 8 or 10, which have to do with the Care Price schemes implemented by the Secretary of Domestic Trade”, stated Kulfas at a press conference.
The minister also argued that “doing nothing is validating that increases in the value of wheat are transferred to the price of key products on the table of Argentines”, explaining the measures adopted to contain inflation.
“The decision to form the trust to support the price of wheat is framed in an international scenario of turbulence,” he said.
Kulfas also announced that a “credit line for $8,000 million at a subsidized rate for the milling industry” will be launched with the aim that the mills accelerate the purchase of wheat to produce flour but avoid “a massive transfer of prices to the table of the Argentines”.
News in development
