The Minister of Economy, Luis Caputo, celebrated on its social networks the attitude of a company that decided to lower its prices due to the “firm conviction of collaborating with the deceleration of inflation” through a statement. The announcement appears a few days after it is published to inflation for the month of March, which would give around 10% and 13% according to the main economic consultancies in the country.
“If we combine macroeconomic orthodoxy with business attitudes like this, we are going to get out of this mess sooner than anyone expected,” said the minister.
The manufacturer in question is YKK Argentina SA, a multinational company dedicated to the manufacture of zipper closures, based in Argentina since 1981.
The company announced that it will reduce 10% on all products on the list, defending the national industry but with a paragraph highlighting the tax pressure.
The company announced that it will drop 10% on all products on the list while highlighting the defense of the industry and pointing out the tax pressure.
Luis Caputo continues to point out to businessmen the need to lower prices
After meeting with supermarkets three weeks ago and enabling the opening of imports, Luis Caputo continues to point out to businessmen the need to lower prices on supermarket shelves. “There are prices that cannot be there“It’s a little push for them to start going down,” said the official.
The head of the Palacio de Hacienda, in a talk to businessmen at the AmCham Summit, considered that the meeting with the mass consumption and supermarket industry “was very good” and that they “recognised” that they had established prices with a dollar exchange scenario “to 2,000 or 3,000 pesos.” “There are prices that cannot be there“said the head of the Treasury Palace.
“It is also important for people. Imagine that someone who arrives struggling to make ends meet, we get Fair Prices, the supply law, shelves and things cost 50% more than in the United States, you are going to ask yourself: This is the model? We are not asking for a dischargebut that more or less reflect the conditions we are experiencing. You have to give a little push so they can negotiate with producers, force competition. This moment deserves it. People are making an effort and if the prices do not reflect a reasonable level, it is not good. It is not in all products but a basic basket,” said Caputo.
Source: Ambito
