Before the query regarding the inflation data of last month in which the resolution that froze the prices of more than 1,400 mass consumption products began to govern, the official said that it will only have an impact on December inflation, while he estimated that the October would not be below 3%.
The Secretary of Commerce’s forecast coincides with the estimates of private consulting firms, which see last month’s CPI above 3%.
“The general index I do not think is below 3%, think that until the third week of October we had price dispersion. We expect the food index to be below 2.9%. We’ll see. But the effect is going to feel good in November ”, commented the official.
“We saw an inexplicable acceleration in food prices and also in medicines in October. The first two weeks of October was a very strong acceleration ”, he explained.
“On that we decided to stop first. Stabilize prices. In the case of food, a resolution is issued, 1050, with 1,400 products. And yesterday, fortunately, there was understanding from the pharmaceutical chambers and on Monday a price rollback to November 1 and a stabilization to January 7 would have to begin to be ordered and to govern, “he said.
“Our concern in the short term was precisely to intervene in these two essential consumer markets to stop the acceleration. Of course there are more things to do and it will have another time but now we have to ensure that the pricing policy is related to the revenue policy ”, added Feletti.
In addition, he evaluated: “If this policy is sustained in the time of regulating a basket, we should be able to eliminate indigence. I am not telling you poverty, but we would have to be able to eliminate poverty in a country that produces food on the basis of consolidating a national agreement and a basket that is accessible to all ”.
Regarding the negotiations with laboratories to freeze the prices of medicines from this month, Feletti explained that in principle it will include all medicines, although revisions will be made over time to eliminate problems.
“In the case of medicines there is also national production, fortunately there is an important industry, and there also has to be a scenario that defines the access of popular income. Because if you fail to match a price policy with an income policy, the social balance is broken, ”he said.
“The laboratories agreed on a generalized vademecum and initially they are going to put all the drugs. We all know that the consumption of drugs normally revolves around 500 products, but they will all go, the Anmat vademecum will be built. The macrismo abandoned it and now there is consensus with the minister [Carla] Vizzotti to rebuild it and in principle all the drugs will enter until January. And later at the work table, we all know that in these things there may be distortions, in the need to stop the rise in prices there may be some error that will be corrected ”, he commented.
Finally, The official admitted that there are problems for the price cap to also reach the gondolas of Chinese supermarkets.
“Chinese supermarkets are caught up with the resolution and they have to comply with it. We know they have problems with margins, there are distortions. We hope to resolve these distortions on Monday and ensure that there is also supply in Chinese supermarkets, “he concluded.
Source From: Ambito

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