The Secretary of Internal Trade recognized a “tension in the supply” and stood firm against the companies: “Companies agree but then fail to comply, this is a problem. Some agree but do not comply. Today, the large chains are complying better than the food suppliers.” In turn, he affirmed that the Care Prices program already represents 20% of the companies’ billing.
“What we found is that Argentina has a very large concentration process. It is not possible that 50 companies are going to supply the consumption of 40 million inhabitants,” added the secretary.
At the same time, he requested that the Care Price Basket reach the provinces and sent a message to governors: “some governors are accompanying us and others not so much, as in the case of Juan-Schiaretti who says “release everything”.
Inflation
In relation to inflation, Feletti defined: “gondola inflation is monopoly inflation. That’s why there has to be a regulation.. Now the inflation of fresh products, wheat, corn is international inflation. If you don’t have a decoupling, you’re going to pay for the cookies at international prices and we’re going to end up eating what the Liaison Table wants.”
As for the final number for January, which will be known next week, he estimated: “I think that January’s inflation is going to be influenced by the price of vegetables and legumes, which increased by 33%, there is a lack of regulation. And there it is atomized, there is no monopoly. Inflation will still be high, it will be lower than January of last year, it will be influenced by vegetables and legumes, less by meat.”
In relation to the price agreement initiated at the end of October of last year, he asserted: “We asked you to roll back the prices and no company went bankrupt. A food company told me that they had never sold so much of a product.”
Meat cuts at popular prices
In relation to the program of cuts of meat that begins to govern today, Feletti assured that with the cuts of meat at popular prices in December, seven tons of meat were sold. On this occasion, the agreement will be for twelve tons that, although it does not reach neighborhood butchers, promised to reach all marketing chains.
“The basket is working because we had a meeting with Chinese supermarkets, with grocers and self-service stores, even from the interior, who are telling us that customers are leaving because they go to the supermarket. We are thinking of a smaller basket, 100 products, but I do not want them to resell me It’s the same thing that happens to me with cuts of meat. There we are thinking of a referential margin“said the secretary.
Source: Ambito
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