At the moment, the data is reflected in private consultants, since the Consumer Price Index will be published by Indec next Thursday. In food and beverage surveyed in supermarkets, LCG registered an average increase of 5.1%. The products that somehow depend on international prices had the highest increases: meat 7.3% monthly, dairy products 5.8% and baked goods, cereals and pasta 5.4%.
For its part, CESO surveys supermarkets for other categories besides food. He noted that the monthly variation in supermarkets was 4%, but with cleaning at 4.6%, with bathroom cleaning products climbing to 7.4% monthly. Meanwhile, the surveys in the neighborhoods, such as those carried out by the Isepci Social Research Institute, reported much greater increases. They revealed that bread had a quarterly rise between December and April of 60%, cookies 39%, wheat flour 29% and milk 35%.
New measures
Given this context, Feletti held a series of meetings to implement new measures. He first received bakers and entrepreneurs from the noodle and pasta industry, to whom he informed them that the Wheat Stabilization Fund is already underway. In practice, what the Government will do is subsidize the mills so that they sell industrial flour at a lower price.
“The 25-kilo bag that we get today for over $2,000 should be found at $1,200,” Gastón Mora, from the Avellaneda Bakers Center, explained to Ámbito. Asked about the impact on the final price of a kilo of bread in bakeries, he mentioned: “Bread, which today is above $300, should be sold between $220 and $270.” Regarding the impact on the price of noodles, Juan Manuel Airoldes, from the Unión de Industriales Noodles, explained: “If we access subsidized flour, we could aspire to a drop in noodle prices outside Care Prices of almost 10 %, but we also depend on other costs, such as energy and parities, what we can hope for is that it will contain future increases”.
In order for the trust to be put into practice and to be observed in the sale prices to the consumer, the mills must register in a registry. Feletti anticipated that he already has the money to subsidize, which is almost US$400 million, product of the higher withholdings to the oil companies. He announced that they will perform a “traceability” of the bags, which will have a seal that says product subsidized by the National Government. “Whoever is found to have received the subsidized bag, but does not respect the agreed price, will be sanctioned”he claimed.
Later, Feletti received cleaning companies, such as PyG, SC Johnson and Queruclor. Along the same lines as the dialogue held last Friday with the food companies, the Secretary of Commerce urged them to supply Precious Care, both in supermarkets and the 60 products of the proximity basket, before a “slight drop in supply”. He asked them for information on the volumes produced for “consolidate a path of production levels, which allows us to have certainty of supply”. Before the food companies, Feletti had asked them for “greater collaboration to know in advance the price path with which they are going to be handled” in the listings outside Care Prices.
Source: Ambito
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