Home Business Rates, schools and transport: all on the rise in December

Rates, schools and transport: all on the rise in December

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Rates, schools and transport: all on the rise in December

With the increase for retirees and the base salary, December also comes with cost-of-living increases already planned. This month the fees of private schools in Buenos Aires and the Province of Buenos Aires will increase, the second of the three lots of increases that will have public services will arrive, the salary of domestic collaborators will increase and the increases in rents and expenses will be added, among the others.

Also, products not covered by the Fair Prices agreement will increase by at least 4%, but which are produced by the companies participating in the programme. With all the Government’s bets on this program, it will be able to put a stop to inflation which cannot go below 6%.

rates

Those in the highest income bracket (N1) who started withdrawing benefits in October will get the second “quota” reduction (by 40% since the first was 20%). In February, the remaining 40% of state aid will be removed.

Looking ahead, in addition to the increase already planned for February, two increases are planned, still without a date. In December the price of gas to be paid in 2023 will be defined in a public hearing and in January it will be the hearing to adjust the values ​​they receive Edenor and Edesur for the cost of distribution.

According to Energía, the forthcoming removal of electricity subsidies will increase bills by around 30%. Thus, according to the consultants, the cumulative increase will go from 57% to 89% in the cards of those who will lose all benefits.

The “medium” segments will have increases from 3% to 52%, after the two cancellations of subsidies, according to their consumption.

Transport

The Government had already announced, two months ago, that it would be there in December an average 40% increase in the price of public transport in all its modes. It will cover the metropolitan area and everything that is federal transportation, which is what regulates the nation state.

The last increase in buses and trains was on August 1 and was also around 40%. Thus, the minimum bus fare went from $18 to $25.20. If that percentage is repeated again, the increase would be about $10 and cost the cheapest trip $35.30. The most expensive would range from $32.20 to $45.10.

The train ticket, which today costs $10.75 on the Roca and Belgrano Sur lines, would go down to $15.05, while on the Belgrano Norte it would go from $9.50 to $13.30; in the Mitre, San Martín and Sarmiento it would increase from $17.25 to $24.15; and, finally, in the Urquiza, from $11.25 to $15.75.

private schools

In December, the Buenos Aires city government gave the green light a 14.5% increase in the fees of facilitated private schools of the state. With the increase in December, 5 increases will be applied to private schools in Buenos Aires this year: 10% in March, 9% in April, 15% in July and 20% in October.

There will also be a 10% increase in subsidized schools in Buenos Aires.

In the year they would close with an 89% share increase for both the city of Buenos Aries and the province.

The increases in quotas are linked to the increase in educational parity, which will end up at 102% in the capital and 94.5% in the province.

prepaid

After the criticisms of the vice president Cristina Kirchner and then of the Minister of the Economy Sergio Massathe private healthcare sector has agreed with the government to double the 13.8% increase that should apply from December for prepaid medicine.

It will be 6.9% in December and 6.9% in January. And from February 2023, a new monthly rate increase scheme will be implemented, which will replace the bi-monthly healthcare cost index.

With this doubling, in 2022 instead of 113.8%, the increase in quotas, December 2021/December 2022, will be 100.9%.

Domestic workers

As expected, parities for Casas Particulares employees were reopened on November 24, although an agreement has not yet been reached. This Tuesday, November 29, a meeting between the negotiating parties will take place again at the Ministry of Labor to agree on how to proceed.

While still under review, November has arrived the last tranche of the 36% increase approved last August, which was paid four installments of 9%. In this way the minimum incomes for those who collect monthly in December are:

  • Fifth Category – General purpose staff without retirement: $531.50 and $67,324.5 and with withdrawal: $493 and $60,544
  • Fourth Category – Assistance and care of people: Retired Staff: $531.50 per hour and $67,324.50 per month.
  • Third Category – Homemade: $531.50 per hour and $67,324.50 per month.
  • Second Category – Personnel for specific tasks: With withdrawal, $563.00 per hour and $69,004.00 per month and without withdrawal: $617.50 per hour and $76,813.00 per month.
  • First Category – Supervisor: With withdrawal, $595.00 hourly and $74,273.00 monthly.

combustible

In an agreement between the Ministry of the Economy and the main oil companies, a scheme of increases for fuels such as petrol and diesel was finalized with a ceiling of 4% in December, 4% in January, 4% in February and 3, 8% in February. March.

The price of super petrol in the city of Buenos Aires will go from 145 dollars per liter to 151 dollars in December; at $157 in January; at $163 in February and close to $170 in March.

rentals

Tenants who need to update their leases in December will be affected by the 77.5% annual increase, according to an index (ICL). For instance, a $50,000 rent will cost $88,788 starting next month.

Expenses

With the latest increases, the share of the bonus that has been recognized to condominium managers plus the disbursement of the Christmas bonus to these employees, provides for a new increase between 25 and 40% more onerous in December.

To the increases achieved months ago for condominium managers a new one of 48% is added, to be paid in three installments. The year-on-year increase achieved by the managers’ union, including bonuses, is therefore equal to 112%.

Expenses have already increased this year, not only due to general inflation, but also due to the salary bonus payment signed on July 5, which totals $134,000. That bonus is paid in seven installments: two $12,000 in August and September, two $18,000 last month and this month, two $24,000 in December and January, and one $26,000 in February.

We must not lose sight of the fact that the Christmas bonus and the end-of-year bonus regulated by convention are paid in Decemberwhich will generate problems in more than one consortium, due to the impact on fixed expenses and the percentages of increase to be applied, in an economic context such as the current one”, remarked Daniel Tocco, first vice president of the Argentine Chamber of Horizontal Property ( CAPHAI).

NS

Source: Clarin

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