The Secretary of Internal Trade, Roberto Feletti, announced that there will be variations in the Care Prices as of January 7, 2022. A new floor will be set in the costs of 1,350 products for which there will be monthly corrections.
The continuity of Care Prices It was achieved after a meeting with representatives of more than 100 companies that produce food and other goods that are included in the Argentine basic basket. The initiative will have quarterly reviews to make changes when deemed appropriate.
Feletti explained that the modifications in the Care Prices they will be related to macroeconomic events and incidents in production costs. “The 143 supplying companies received the list with the indicators and the methodology to send their products,” he explained.
Next week the structure of the Program that seeks to bring stability to the pockets of families, due to the rise in inflation that year after year generates uncertainty in the country.
One of the products most affected by the increases is meat, which rose between 11% and 12%. He recalled that there are cuts included in the subsidiary plan, among them are the roast, vacuum, roast cover, skirt and matambre, which are listed below the market value.
We are confident that the program will work well and that it will serve to complete the gondola basket with a basket of meat.
In January, a new discussion will begin with the industry, where the inclusion of seven cuts of meat will be considered, the export of which will continue to be restricted. What’s more, A meeting with the bakers and millers is scheduled for this week to discuss the price of bread.
What consumers think
Representatives of consumer associations endorsed the program, but cautioned that products left out of Care Prices they could present considerable increases that will affect the pocket of the population.
They also mentioned their concern about rising inflation and variations in international products that have intensified in recent months and reached levels not seen in the last decade.
