Inflation accelerated to 3.5% in September and already accumulates 37% so far this year

Inflation accelerated to 3.5% in September and already accumulates 37% so far this year

On the other hand, food and beverages, the division with the highest incidence in the CPI, registered an average increase of 2.9%, below the general level but higher than the rise recorded in August. The seasonal issue also had an impact on food, causing increases of between 4% and 9% in fruits and vegetables.

The Minister of Economy, Martin Guzman, estimated that inflation will begin to decline year-on-year as of this month, thus guaranteeing that the Government will “deepen a price and income policy”. “Inflation is the most important objective of economic policy. The reverse is to seek a recovery in real wages, which will continue in the years to come,” the official said.

In coordination with the policy carried out by the minister, the Secretary of Commerce expressed with supermarkets yesterday, the intention that the prices of 1245 items are maintained for 90 days.

“We work together with businessmen and supermarkets in expanding the list of products included in Care Prices (take it from 670 to 1,245 approximately) and that these products have the same price from October 1 to January 7, 2022 to protect the pocket of the Argentines, “a source told Ámbito. “It is a price agreement, not a freeze “, remarked official sources. However, as the hours go by and as a result of the conversations, the number of products that will finally make up the basket will be 1,245.

From the official offices they said that there will not be a specific signing of the price “agreement”, but that it will be voluntary adherence by the companies.

NEWS IN DEVELOPMENT.-

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