The investment bank added that although the president says it is not true, it is a controlled of marketing. The plan, which will be announced this Wednesday, seeks a agreement between producers, distributors and sellers of these products basic basket.
“oblige companies (particularly small and medium-sized enterprises with little or no market power) to set prices could exercise greater pressure on your margins after two years of little government support during the pandemic,” detailed the bank’s report.
JP Morgan considers that the plan to combat inflation must go beyond price control, since this only will impact the informality of jobs.