Although at the closing of this edition the differences persisted within the economic cabinet, theThe measures will aim to guarantee that a group of goods do not suffer sudden changes. According to the official diagnosis, the increases have had a greater impact on local businesses. They understand that, due to the implementation of Care Prices and the commercial policies of the large mass consumption companies, a strong gap was generated between supermarkets and self-service stores.
With this scenario, they study to implement a program similar to “Super Close”released during the management of Paula Spanish at the Secretary of Commerce. The axis of the plan is to generate a reduced basket that can be found at all points of sale. The products would carry the price on the packaging. “Otherwise, it would be impossible to implement and control due to the enormous volume of businesses involved,” they explained from one of the official offices.
At the same time, the secretary Robert Feletti already working on the quarterly renewal of Prices Care, which could include an extension. For example, from the dairy sector they approached an offer to the official to increase the number of articles that participate in the program. One of the products that could add brands and volume is milk. In this way, companies seek to guarantee market supply and ensure that there are no measures such as increased withholdings on these products in a context in which international prices are rising and foreign demand, fundamentally driven by China, is rising as well.
To the existing trustsa new one would be added to fundamentally subsidize the price of bread, but also from other wheat derivatives, such as noodles. This will be financed with the temporary increase in withholdings on soybean oil and flour, from 31% to 33%. In practice, it is the suspension of a differential with beans that Alberto Fernández’s own administration had implemented to promote added value.
Another point of concern for the Government is seasonal products, which according to INDEC increased 8.4% during February. The rise in fruits and vegetables was double digits in almost all regions of the country. Before the consultation of this means, in the Government they recognized that there is a mechanism under study to subsidize the offer in the Central Market and freeze prices by advancing purchases at times of less tension in prices.
The general view within the economic cabinet is that, although inflation is multi-causal, there is a strong component of persistence in inertia. In the offices of the Ministry of Economy they discount that the impact of the international situation on prices will be severe and they work in the macroeconomic order. The reduction of the deficit, the strengthening of reserves and the debt market in pesos. Coincidence or causality, the three fundamental axes of the commitments assumed with the International Monetary Fund.
Source: Ambito
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