The Government established a series of sectoral agreements to agree on price increases below 4% per month for at least four months. However, some consultants already hope that the January inflation is around 6%, mainly due to the increases in regulated goods and services, such as the case of prepaid, for which they project increases of 6.9%.
Gas, water and electricity
According to the report prepared by the consultant, and to take a point of reference, this witness family began by paying $4,500 in the bill for light. In the case of Waterthe selected family paid $800 in September and gas $3,500.
In the case of light, with the subsidy withdrawals, you would go on to pay $7,776. For water, it is worth clarifying that the segmentation of this service was determined by geographical areas. In the case of the witness family, they will pay $3,900 in March and $7,342 for gas.
“The increases in services will weigh heavily on Argentine families. Although the salaries registered in the last 2 months beat inflation on average, that will depend on the sector or item in which that person works. However, if in a family their members are monotributists, the limits to belong to the regime were 72%.If in a family one of the members is single, they will begin to pay income tax from $185,000 in 2023. If they are informal in that family, they will be in the worst of the worlds because they will have lost an average of 20 points compared to year-on-year inflation. All these families are having double pressure on their home administration,” he explained. Damian DiPace, Director of Focus Market Consulting
living place
One of the most significant expenses is rent. A starting point was taken contract beginning in March 2020, which is corrected by the Leasing Contract Index for 2022 and finally by the REM data. This family will go from paying $60,000 per month in September to $114,000 in March 2023.
If you add the expenseswe will see that you are had a year-over-year increase of 100%so this family would go from paying $12,500 to $20,202 in March 2023.
Internet, cable and telephony
So much for internet, cable and telephony (two cell phones, one per adult) the companies providing these services may apply increases in January 2023 of 4%, in February of 4%, in March of 3% and April of up to 3.5% thus increasing the following values: iinternet would happen from $3,800 to $5,133, wire and streaming platforms $3,700 to $4,998 Y phone of $3,200 to $4,903.
Transport
In the case of gas starting in January there will be monthly increases of around 4% and 3.8% in March. Thus, it will go from paying $20,000 per month to $25,258 in March for using the private car. If the cost of car insurance is added, which had an increase of 50% on average, he went from allocating $11,300 in September, while in March he will have to spend $17,556.
In case of traveling in cab once a week went from spending $6,500 to $10,140 in September. If public transport is added with the necessary combinations, it will go from allocating $2,128 in September to $2,797 in March 2023.
Education
As of March 2023, the private school fee Until December 2022 there were increases of up to 14.5% to which was added another increase of one 10% on tuition and will be added the increase of the monthly fee for which I know would go from $20,000 to $55,000 (This value includes the two minors in primary and secondary school).
“It is important to consider that there are services that have not yet increased in relation to the level of inflation accumulated in recent years or have lagged behind the increase percentages determined at the beginning of 2022 when inflation of 33% was projected, which ended up being almost 3 times higher at the end of the year. This will leave service prices lagging behind past and future inflation, which is why more increases are projected throughout 2023 after March 2023, which is what we estimate in this report,” Di Pace indicated.
Health
In the study they included the projection of the prepaid for four people. This expense, for the witness family, went from $27,000 to $41,495 in March 2023.
In this way, this witness family began paying $178,928 in September 2022 and I would end up paying in March 2023 the amount of $320,683that is, it will have a increase of 79.2% of your basket of services in just one semester.
Source: Ambito
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