Between May 19 and 25, the “Black Week wholesale“, a week full of special discounts on products such as food, drinks, hygiene items, perfume and cleaning. The initiative, which includes more than 200 wholesale supermarketsS, is presented as an answer to the uncertainty generated by possible price increases after the recent exchange unification.
Organized by the Argentine Chamber of Distributors and Self -Services (CADAM)this will be the first edition of the wholesale “black” of the year. The event aims to promote consumption and strengthen ties between industries and wholesale channels, covering from large wholesalers to small distributors that supply close shops. The action seeks to impact more than 140,000 neighborhood shops throughout the country, such as local stores and supermarkets, offering discounts of up to 40%. It should be remembered that more than 150 stores participated in the edition of last year, with a similar offer.
As for wholesale prices, Dduring March this year there was an increase of 1.5%which represents a deceleration of 0.1 percentage points compared to the previous month. This small brake on prices growth contrasts with the acceleration of retail inflation, which reached 3.7% in the third month of the year.
On the other hand, the next Hot is approaching 2025, which will be held between May 12 and 14, offering more opportunities for consumers.
The hidden costs
The issue of “hidden costs” remains a key point of discussion between entrepreneurs and authorities. Cadam members pointed to these costs and the tax burden, particularly gross income and municipal rates, such as the main factors that distort the final prices and cause an increase in the cost of living. In a meeting with the Undersecretary of Consumer Defense and Commercial Loyalty, Fernando Blanco Muiño, the businessmen requested the urgent sanction of a law that regulates these costs, underlining the need for transparency and tax adjustments.
White muiño He highlighted the political decision of the Minister of Deregulation and Transformation of the State, Federico Sturzeneggerand of the national deputy Marcela Pagano, who allowed the exposure of INACAP, the mandatory contribution that traffic shops must do, although their employees are never trained.
The expert stressed that these issues could come to light due to the tendency to macroeconomic order, the decrease in inflation and the general stability of the country, which gives entrepreneurs and officials time to address other problems that affect the national economy. He also highlighted the success of the elimination of the exchange rate and the restrictions of the SIRAS (Import System of the Argentine Republic).
Armando FarinaVice President of Cadam, also emphasized the need to expose the “hidden costs” that impact the final price of the products. These costs include various contributions that businesses must pay, regardless of whether the services they finance are used. One of the most emblematic examples is the additional contribution of solidarity for social work by COVID-19, which continues to charge today, despite the fact that many workers do not have access to that social work.
In addition, there is the mandatory contribution to the Argentine Institute for Professional and Technological Training for Commerce (INACAP), which businesses must pay since 2008 for each employee, even when training is not carried out. The mandatory retirement insurance is also mentioned, which was created in 1991 and represents 2.5% of the remuneration of each worker, in order to guarantee the withdrawal when reaching 20 years of contributions.
The consumption analyst, Damián Di Pacecarried out an analysis in which he stressed that merchants end up selling more rates and tax positions than products. According to Di Pace, the growing tax pressure affects the competitiveness of prices and distorts the market, impacting both entrepreneurs and consumers.
The “Black Week wholesale” is presented as an excellent opportunity for consumers to take advantage of discounts, but also as a platform to continue making visible the structural problems of the Argentine commercial system, in which hidden costs and tax burden remain an obstacle to the economic development of the sector.
Source: Ambito
