The government finally released this Friday the Fair pricing program, in which he worked for several weeks, and managed to get along with mass consumer societies.
The list of 1,500 products includes second brands. In principle, the Secretary of Commerce aspired to the basket containing only leading brands.
Also includes wholesale brands, supermarket brands, and even the Great Value brand (the one marketed by Walmart).
The plan ranges from products of warehouse, dairy, cleaning, perfumery, care and personal hygieneAs far as items for children, fresh products and drinksIn this way, the new basket absorbs the products included in the Care Prices.
The agreement consists of two axes: on the one hand, the products that will remain with fixed prices enter the program at a price up to 4% higher than the average recorded in October 2022 and will remain stable for the next 120 days.
On the other hand, the rest of the products marketed by the companies joining the program will have a monthly increase pattern of up to 4% for the same 120 days on the selling price to supermarkets and wholesalers.
The purpose of the measure “is to achieve price stability for essential products” consumed by Argentine families for a certain period of time, as confirmed by the Government. And also give more predictability to the monthly inflation number.
They participate in it around 100 companies representing 86% of mass consumption in Argentina. Some of the participants are Molinos, Coca Cola, Unilever, Quilmes, Mastellone, AGD, Ledesma and Las Marías, among others. In addition, supermarkets will be able to supply products with their own brand.
Products included in the Fair Pricing plan must be properly marked on supermarket shelves. In addition, consumers have an app at their disposal where they can check the products included in the program and report any irregularities.
YN
Source: Clarin
