The entire month of April increases: from prepaid to schools and groups without SUBE registration

After a inflation expected for March between 10.5% and 13%.According to consultants, April opens with a series of increases that will continue to complicate the Government’s plan to reach single digits.

Among the price increases of the beginning of the month there are “old acquaintances”, such as the private medicine, which has grown month after month above double digits since Javier Milei took office. Fuels will also have their adjustment and the final definition is awaited to find out if there will also be an increase in the gas tariff.

Here is a summary of the increases already announced by companies and the Government for the month of April:

Buses and trains for which the SUBE was not registered

The Ministry of Transport reported that the prices of services will not increase, but there will be an increase in the metropolitan area for passengers who have not registered the SUBE card. Therefore, the minimum bus fare, which is currently $270, will increase to $429.30 for those who are not registered. The cheapest train ride, which costs $130, will come to $260. On short-distance buses, the longest route could cost as much as $589.54. The subways would have increased but the increase was cancelled.

Even if April 1st tariff differentiation, the possibility of carrying out the procedure still remains open. An increase of 36.6% was initially expected. transport, linked to the rise in the consumer price index in the first two months, but was ultimately postponed.

Domestic workers

He will have domestic staff who are paid monthly and who must receive their March salary in the first days of April a 15% increase. To find out how much the April increase will be, both for monthly employees and for those who work hourly. They will have to wait until April 17th when the National Commission on Work in Private Homes meets again to review the April and May increases.

Prepaid medicine

Private medicine will record the fourth consecutive increase above double digits. It will be between 16 and 19%, according to the company. Added to this increase is 40% in January, 27% in February and 20% in March.

Fuels

Petrol and diesel will see another increase of at least 4% in April due to the price increase taxes that had been frozen during the Alberto administration Fernández and who are finishing being honest month after month. Oil companies would also apply an increase to compensate for the monthly devaluation of the peso against the dollar (+2% in the official exchange rate).

Gas rate

After giving the green light to the increase, the Government decided to proceed with the elimination of subsidies on gas bills. There will be an adjustment that will concern both the price of the gas itself and transport and distribution, even if for now only the details of the first case are known. In the next few days the Government will have to define the transport and distribution increases and the definitive value of the impact on bills will be able to be adjusted there. As for the gas itself, high-income households (referred to as N1) will have an increase of 179%, from 33.09 to 92.33 dollars per cubic meter in Buenos Aires. For non-residential users the upgrade is 612%. Meanwhile, low-income N2 families will see a 154% jump.

Waterfall

He water could increase by 209% in the fourth month of the year in the metropolitan area controlled by Aysa, although the complex technical work to process the public hearing held this week could move the update to May.

Rentals

All real estate rentals started between July 2020 and October 17, 2023 and governed by Law 27.551, have a single annual adjustment determined by an official index. If the contract was stipulated in the month of April, the adjustment must be applied, which will be 197.7%.

Private schools

On the last working day of March the authorities signed the enabling resolutions average increases of 9% in the Municipality and 4.7% in the Province for grant-aided private educational institutions in such jurisdictions. The increase in the tuition that 1.3 million students in Buenos Aires and almost 300 thousand students in Buenos Aires have to pay represents a new impact on budgets.

Toll

In April, tolls on national routes and some access to the city of Buenos Aires will increase by 200%. With the update, the minimum fare for cars during peak hours will be $900. The increase will be applied once the administrative citizen consultation process has been completed, which began on March 19th and will end on April 17th. The increase is for sections I to Riccheri–Ezeiza–Cañuelas highway), La Pampa, Santa Fe, Córdoba, San Luis, Mendoza, Corrientes, Chaco, Misiones, Santiago del Estero, Tucumán, Salta and Jujuy.