The government insists that the exchange rate appreciation arrives to stay and Javier Milei wants to see a dollar at $ 1,000. Compared to the price increase of the basic basket in the last week They suggested supermarkets to increase purchases from neighboring countries. Food imports already flew in March: 185% year -on -year. The new regime cheated door to door, one of the most popular platforms had a growth peak of 850% in its sales. They anticipate a flight record to Miami for the next season. While the world closes, Argentina opens. There is alarm in the industry and economists believe that “as long as there are those who finance it.”
In the heat of commercial opening and an increasingly strong weight, Imports grow. The economic team sees it as a tool to indoctrinate at local prices. In the last hours, before what they consider an unjustified escalation, they suggested to supermarkets to look for mass consumption product options in borderline countries
Food import It has been expanding at an accelerated pace for months, but In March he made another jump and reached 185% year -on -year according to data from the agricultural consultant Javier Preciado Patiño. For example, the purchase of lemons abroad rose 2,745%, that of wines 1,228%, the tomato prepared 810%and swine meat 378%, among others.
In the last month about $ 370 million were disbursed due to the importation of foods that occur in the country: “There are increasingly convenient conditions to import, in March there was a very strong increase of the products ready for final consumption, while the growth in raw materials is supported,” Preciado Patiño said and anticipated: “In the months that follow this trend will continue to manifest.”
The phenomenon of the door to the door
The import boom It is reflected in another phenomenon that reaches several items of consumption: the modality Door to the door. With prices up to 60% lower than the premises, according to the company, The tendamia platform had a growth peak in December with the purchases of the parties and had a leap of 850% compared to the same month of the previous year.
Video game consoles, computers, cell phones, toys, board games, sports clothing and thermos They are some of the products that arrive from the flexibility that the Government carried out and that forced Argentine Airports 2,000 to build a new deposit to store packages.
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According to the information handled by the company 85% of Argentines already make purchases in online stores and that universe, 23% made purchases abroad in the last year. A phenomenon that grows without pause. INDEC data marks that this purchase modality is the one that recorded the highest growth within imports.
Is it sustainable?
Despite the flexibility of the exchange rate, Import incentive could be extended in the coming months. The economic team anticipated that the government’s priority will be for the dollar to reach the lower part of the band, rather than accumulate reservations in the Central Bank. President Javier Milei made it clear: he wants a dollar at $ 1,000.
“These policies could bring sustainability problems in the medium term and bring to lack of dollars againto the extent that the exchange rate is much appreciated the only way that the government will have will be via indebtedness in dollars, ”economist Haroldo Montagú, head of the vector consultant, told the vector consultant.
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Some of the consequences are observed in INDEC data. The commercial surplus was significantly reduced in March, It reached only $ 323 million and suffered a decrease of US $ 1.837 compared to the one obtained the same month of the previous year. Others, such as the loss of competitiveness of the productive sectors, are slower and silent.
If to the balance of goods, the services is added, the result is deficient. The appreciation promotes broadly tourism. To the fury of the Argentines in Rio de Janeiro in 2025 a Miami that will speak next summer: American Airlines has already anticipated that he will offer record programming of up to four direct daily flights from Buenos Aires to the American coastal city.
Source: Ambito
