The Minister of Economy highlighted the fiscal balance, tax reduction and capitalization of the Central Bank, and assured that there are no macroeconomic foundations to justify inflation.
The Minister of Economy, Luis Caputoa meeting with representatives of the main chains of Supermarkets of the country in the Treasury Palacewhere key aspects of the economic program carried out by the government were addressed.
During the meeting -from which the Secretary of Production Coordination also participated, Pablo Lavigne-Caputo said that Argentina is going through an unprecedented economic situation in the last 100 years: with fiscal balance, without monetary emission, a floating exchange rate and a capitalized central bank.
In addition, he stressed that from the beginning of the management They reduced taxes and tariffs in more than two points on GDPthat the economy grew 6% year -on -year in 2024 and that, according to your vision, There are no macroeconomic reasons that justify persistent inflation.
For their part, the representatives of the supermarket sector assured that They are not validating price increases and highlighted the need for Promote competition. Caputo, in that sense, said that his economic team is Open to receive proposals from the sector to advance in joint solutions. Executive Meeting of Carrefour, Cencosud, Chango more, Coto, day and of the United Supermarket Association (ASS).
They warn that the decrease in supermarket consumption amounts to two digits
While developing negotiations between supermarkets and suppliers to establish a stable price frame, the indices of consumption in February 2025 They represented both a decline with respect to the previous month but, mainly, a strong fall compared to the same 2023 period, before the Assumption of Javier Milei.
This was stated by the current Buenos Aires Minister of Economy, Pablo López. He said that “there is no recovery of consumption, the main component of aggregate demand. In the 1st Bimmer of 2025, Total sales fell more than 11% compared to the same period of 2023“
The statistics set forth by the provincial official point out that “in February, sales in national supermarkets were positioned 8.3% below the level prior to the assumption of the national government.” “The drop in income from Argentine families continues to deteriorate consumption levels “he analyzed.
Finally, López said that “the economic plan promoted by the National Government derives in a fall in the purchasing power of most Argentines. In addition, it is destroying jobs persistently. This model is unfeasible for the welfare of the population“
Source: Ambito
