The Secretary of Commerce negotiates new agreements with frozen prices from May 31 to August 15.
The Government made progress in recent weeks in a series of agreements with electrical, clothing and cell phone companies, which are included within Fair Pricesoutside of mass consumption products.
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In this new stage, the portfolio seeks that companies keep prices frozen from May 31 until after the elections Primary, Open, Simultaneous and Compulsory (PASO)which are scheduled for August 13, according to the electoral calendar.


“In this new stage, the sectors that are part of Fair Prices, will maintain the prices of May 31, without increases until August 15,” sources from the Ministry of Commerce, which heads Matias Tombolini.
According to sources from the portfolio to Ambitthey would enter White line, electro, cell phones, footwear, dress, motorcycles and bicyclewhich deals with durable and semi-durable goods.
“In general, they are sectors that increased their imports of inputs by an average of 20%, with which they can make this effort,” they highlighted from the Secretary of Commerce.
In turn, the companies committed to increase the signage and the fair price advertising in all locations.
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Sergio Massa
Like part of the measures announced in mid-May, the government is trying to sustain consumption and activity.
Economic measures that aim to maintain consumption
Earlier this month, Economy Minister Sergio Massa announced measures to maintain consumption, including the drop in the income tax for the bonuses, climb the scales for the monotribute and one new line of credit at a subsidized rate for monotributistas. In addition, in mid-May dropped 9 percentage points the cost of financing the program Now12which went from 82.45% to 72.75%.
The agreements are negotiated with the companies that were within Fair Prices. There won’t be a launch, but an addendum will be published within each original agreement.
Source: Ambito