The Minister of Economy, Sergio Massa, together with the Secretary of Domestic Trade, Matías Tombolini, joined the agreement of Fair Prices companies producing basic industrial inputs. The measure begins this month and will be in effect until March of next year.
On Monday, cell phones were incorporated into the program Fair PricesIn principle, there were mass consumption products such as food, beverages, personal hygiene and cleaning items, they were also added to the Program the most important producers and distributors of fuels such as YPF and Shell and the turn of industry inputs has arrived.
Fair Prices It deals with a price freeze on up to 2,000 items of mass consumption and, in turn, permission to increase up to 4% per month for 30,000 products that are not on the frozen list. Now, the inputs for the industry will enter the second category explained, they can only have increases of up to 4% per month.
The objective of the Government, expressed through the National Ministry of Economy, is for inflation to reach 4% per month and 60% year-on-year by the end of 2023. From the Government they explain that “One of the fundamental factors in the formation of the price of a product has to do with the costs of the so-called inputs of widespread use. These are key inputs for the industry’s value chains, as they constitute the essential raw materials needed to make it.”
The agreement is with the producers of glass, aluminum, petrochemicals, the chemical industry and containers of all kinds. The companies that agreed to Program They are: Aluar, Dow Chemical, Alpek Polyester Argentina, Cattorini Hnos, Veralia, Rigoleau, Nueva Cristalería Rosario, IFF, Danisco and Solae, Grupo Saporiti, Transclor, Tetrapack and Cartocor.
The following items for Fair Prices
Also, the minister Massa together with the secretary Tombolini seek to close the agreement that allows to reduce between 10% and 15% the prices of footwear with big brands in the country such as Nike, Adidas, Fila, Puma, Topper and Reebok, among other. Unlike the other items, increases of up to 3% per month will be allowed until March.
On Thursday, the Ministry of Domestic Trade is expected to finalize the details to launch the agreement that controls the increases in medicines. From the sector, they indicate that high-cost medicines, to treat severe ailments, treat autoimmune diseases or alleviate pain, see their value increase much more than average inflation.
