The Secretary of Internal Trade made official the reference price list of 60 products in local stores throughout the countryafter the agreement between the Government, the Argentine Industrial Union (UIA) and the General Confederation of Labor (CGT) to “implement initiatives” in order to “improve the purchasing power of wages.”
Through Resolution 430/2022 published in the Official Gazette, the manufacturing companies and the sale prices of the wholesaler or distributor and to the public (in both cases with VAT included) were specified for both local businesses in the Metropolitan Area of Buenos Aires (AMBA ), the rest of the Buenos Aires territory, Centro, Cuyo, Litoral, NEA, NOA and Patagonia.
The regulation includes an annex with the details of the prices of food, cleaning and hygiene and personal care products.
Prices
Among the prices for sale to the public of the basket of 60 products for the AMBA, the following stand out: Gallo brown rice 1 kg $222.60; Domino sugar 1 kg $92.20; cocoa powder Nescao 300 gr $154.50; Casanto fresh milk 1 lt $117; canned whole common Noel peeled tomato 400 gr $94.30; Casanto sweet milk 400 gr $178.50; classic Casancream spreadable cheese 200 gr $224.40; and Yerba Mate Con Palo 4Flex Taragüí 500 gr $302.10.
In the cleaning and personal care categories, you can find Matic Ala powdered soap 800 gr $206.70; common bleach Hero 1 lt $73.50; Aloe Vera Magistral dishwasher 300 ml $179.50; white single sheet toilet paper 50 mts Higienol 4 a $168.30; Sedal conditioner 120 ml $90.00; Dark Temptation Ax deodorant 150ml $264.80; and Fresh Rexona Antibacterial toilet soap 90 gr $94.80, among others.
Beverages include Lemon Lime flavored water H2oh! 1.5lt $142.80; Cola Light Pepsi soda 1.5 lt $153.00; and Lemon Lime Free 7up 1.5 lt soda $173.40.
As for the products reached by the oil and wheat trusts, some of the prices for AMBA are: Cocinero sunflower oil 900 ml $218; Cañuelas sunflower oil 900 ml $218; wheat flour 3/0 with Vitamin B6 and B12 Blancaflor 1 kg $91.60; and Favorite Wheat Bread noodles 500 gr $81.40.
The resolution refers as background to the meeting held on April 5 by the Ministers of Economy, Martín Guzmán; of Productive Development, Matías Kulfas, and of Labor, Claudio Moroni, with representatives of the UIA and the CGT.
Although in that meeting the parties agreed to establish “a basic food basket, made up of between 50 and 60 products”, the list of the resolution exceeds that amount, although items included in the oil and wheat trusts are included in the payroll.
The Government, the UIA and the CGT agreed in that meeting held in the Palacio de Hacienda “the need to implement initiatives to coordinate actions that allow facing local economic difficulties in order to improve the purchasing power of wages, take care of the basic consumer basket for Argentines and preserve the reactivation of the economy”.
“Under such guidelines, the communication of reference prices in nearby businesses is understood to be opportune and convenient, with the purpose of reducing the dispersion of values that exists between these premises and the large supermarket chains,” the resolution stated.
Last week, representatives of AMBA supermarkets of Chinese origin that are already implementing the +Care Prices program with 60 products for local businesses, they met with the Secretary of Internal Trade, Roberto Feletti, and made a positive evaluation of the results obtained.
In this context, the official stated that “we are going to be very strict with the control in terms of prices and signage” of the program, which is voluntary adherence by local businesses.
This program arises from what was agreed between the national government, the CGT and the UIA on April 5, when the three parties agreed on measures aimed “to improve the purchasing power of wages, take care of the basic consumption basket of Argentines and Argentines and preserve the reactivation of the economy”.
The objective of the initiative is to establish reference prices in 60 diverse and quality products destined for local businesses throughout the country.
Unlike the prevailing format in large supermarkets, local commerce has more intermediaries in the marketing chainso this basket was worked separately from the traditional +Prices Care.
