As specified, the price agreements announced in January “allow to be the starting point for a joint work of local jurisdictions and the Ministry of Domestic Trade in order to achieve a subsequent Federal Price Consensus.”
In this sense, Feletti expressed that it is about “the celebration of agreements that reduce the existing asymmetries between the provinces and regions of the national territory, promoting the protection of the consumer -as the final beneficiary of the program- and the existence of reasonable profit margins for the actors involved in the activities achieved”.
In this sense, he pointed out in the resolution that, based on joint work, it will be possible to determine the bases to expand the scope of the Program, and the “basic baskets representative of local consumption in the field of local businesses” will be incorporated.
Specifically, in article 2 of the resolution, the Ministry of Commerce invites the competent agencies of the provinces and the city of Buenos Aires to carry out a technical exchange “to try to establish conditions and definitions of the basic baskets at the regional level, that allow a posteriori the implementation of a Federal Price Consensus”.
In the recitals of the measure, Feletti pointed out that the “+ Care Prices” program is “a valuable tool to guarantee the reference price of certain mass consumption products” and highlighted in this regard the agreements reached last month with different marketers, distributors, producers and manufacturers “with clear guidelines and controlled variation mechanisms”.
Along these lines, he argued that it is an “effective remedy for access to a basic basket”, which grants “predictability in terms of its increases”. For this reason, he pointed out that it is “convenient that the results obtained” in the measure, specially designed for the AMBA so far, “can be taken and adapted by local jurisdictions to the particularities of their field of competence.”
Despite the renewed programs, inflation will be around 4% in January, as Roberto Feletti recently acknowledged in journalistic statements. “Inflation in January is going to be similar to that of December, but in food it is higher because you have the seasonality of fruits and vegetables,” he indicated.
Source: Ambito
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