Inflation does not ease and is felt every month. The objective of reaching April with a CPI located closer to 3% than the 6% recorded in January is being diluted. Specialists are also already making their projections and the February figure is between 5.5% and 6.1%. March will no longer be lucky, especially considering that in the third month of the year at least 6 increases will put consumer pockets under pressure again.
Gas tariff, prepaid, rent, domestic, fuel and transportone by one, all the expected increases.
gas tariffs
Even if the real percentage increase has not yet been confirmed because two resolutions are still missing (one from Energia and the other from Enargas), the truth is that in March a new adjustment of the gas tariff. The increase will reach residential, commercial and industrial users and will be applied to distribution and transport services operated, among others, by Metrogas, Naturgy, Camuzzi, TGN and TGS.
According to estimates, the impact on residential utility bills will have a floor of at least 30% for low-income users and a higher percentage (estimated closer to 50%) for higher-income users. The major adjustment, however, will be suffered by large users, such as businesses and industries.
Prepaid
The possibility of uploading the form that will allow users of prepaid drugs to pay – if they meet the requirements – a reduced rate in March expired on 20 February.
From month to month, who is interested in maintaining a larger discount must carry out a procedure which will be enabled until the 20th of each period (it’s already expired for March).
next month that the increase will be 7.66% for all users. But affiliates with a net income of less than $392,562 are eligible to apply that the increase is 5.04%.
Domestic workers
Starting in March, a new increase will also be applied to the salaries of employees in private homes. March will be the last tranche of the wage agreement signed last December. This way, the agreed total increase of 24% is completed.
This 24% increase has been broken down into four sections: 8% in December 2022, 7% in January, 5% in February and the last of 4% which will be applied in the third month of 2023.
This surcharge will be paid in March for those who pay by the hour or by the day, or in April for those who pay monthly.
In this way the salaries of the two most requested scales will be:
- Staff for general tasks: Retired staff will earn $611.5 an hour and $75,075 a month; without withdrawal it will be $659.5 per hour and $83,482.5 per month.
- Assistance and care of people: Retired staff will earn $659.5 per hour and $83,482.5 per month; without withdrawal it will be $738 per hour and $93,032.5 per month.
rentals
As happens month to month, tenants whose contracts are one year since the last updatewill see an increase of about 89% next month, according to the calculation of the formula established by the current Rental Law, which is regulated by an index prepared by the Central Bank on the basis of the evolution of inflation (which in 2022 rose to the highest level in the last three decades) and wages. In February, the increase was 86%.
Thus, a person who, for example, paid $50,000 in the last 12 months (March 2022 to March 2023), would start paying $94,780 the following month.
combustible
According to the petrol and diesel price increase scheme agreed through the Fair Prices programme, fuels which had a 4% increase in February, they will have another hike of 3.8% in March.
Subway
The first phase (of four) of the planned increase for Metro passengers will also take place next month. As, the fare for 1 to 20 trips will become $58. From 21 to 30 trips, the ticket value will be $46.40; and 31 to 40 trips, $40.60; more than 41 trips, it will cost $34.80.
The next increases will take place in May, June and September. When all sections are the value of the first 20 trips will be $80 per ticket.
The new rate will reduce the state contribution, which currently stands at around 86% and is much higher than the historical average of 60%.
However, the benefit for regular passengers remains valid: sDiscounts of 20%, 30% and 40% are automatically applied. once the 20, 30 or 40 monthly trips have been exceeded respectively.
Another planned increase that has remained on standby is that of national transport: buses and trains. However, from the secretary of transport they confirmed it to Clarín This increase will be only for April.
January’s update to AMBA bus fares set a minimum ticket of $35 and then $39, $2, $45 and $48 depending on the length of the tour. From April to December of this year, these values will be adjusted monthly based on the change in the consumer price index (CPI) of Greater Buenos Aires as measured by INDEC.
Private schools in CABA and province
The inclusion of equal tuition fees in the Fair prices plan led to a readjustment of the increases envisaged for the month in which lessons began, which generally exceeded 20%.
Over time, several parents have begun to perceive the increase expected for the third month of the year, the minister Sergio Massa announced a maximum 16.5% hike to next month’s rate.
In the Municipality, after Massa’s announcement, they renewed the increase which would have been 25% e They agreed it will be 16.80%. In the rest of the provinces, quota increases will have the same maximum for March; and then they will rise by 3.35% in April, May and June, and by 4% in July.
NS
Source: Clarin
