In her usual press conference, spokeswoman Cerruti made it clear that the government is carrying out a series of actions to counteract inflation. In this context, she clarified that the Government has no plans to increase the retentionssomething that transpired in recent days.
President Alberto Fernandez confirmed that as of next week he will summon the General Secretary of the CGT, Héctor Daer, of the CTA, Hugo Yasky of the CTA and Daniel Funes of Riojaof the Argentine Industrial Union, to carry out a work table in which they will try to attack the problem of inflation.
Among the measures, yesterday the increase in Minimum, Vital and Mobile Salary (SMVM) with a rise of 45%, so it will be $47,850 starting next April. The increase will be in installments: 18% in April, 10% in June, 10% in August, and 7% in December.
This new salary floor was reached thanks to the intervention of the Government together with employers and unions, at a negotiating table where it was decided to impose the increase for workers.
meat prices
Yesterday, Agriculture Minister Julián Domínguez reported that meat exports will be prohibited in the event of a lack of cuts at affordable prices in the domestic market.
After a meeting with the Argentine Meat Exporters Consortium (ABC), it was determined that those who do not meet the “quota” of the local market, “They will not be able to continue exporting meat”assured the official on his twitter account.
It is worth remembering that, according to data published on Tuesday by INDEC, the price of meat rose, on average, about 5% per month in February. Some analysts argued that this performance was explained, in large part, by a shortage in the property market.
Retentions to the field
During the week, President Alberto Fernández slipped that the issue “is being analyzed”, although today the spokeswoman Gabriela Cerruti reiterated that there will be no increases in the rates for exports.
The President had stated in a meeting with the governor of Santa Fe, Omar Perotti, that “we are analyzing the issue” of the increase in withholdings for wheat, corn and soybeans.
“On Friday another war is going to start, the war against inflation,” Alberto Fernández said on Tuesday during an act in the suburbs of Buenos Aires. “All the initiatives under study are palliative, but we know that this year inflation is going to be high,” a senior official acknowledged to this medium.
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 are studying the implementation of a program similar to “Super Cerca”, launched during the management of Paula Español in the Ministry 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 Roberto Feletti is already working on the quarterly renewal of Care Prices, 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.
On the other hand, a new one would be added to the existing trusts to fundamentally subsidize the price of bread, but also 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%.
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.
Source: Ambito
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