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Matías Tombolini and an unusual explanation: “Look what increases more than inflation, then it seems to you that everything has increased more”

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The new Secretary of Commerce, Matías Tombolini, said this Sunday that it is a “a matter of perception” the fact that food rose more than the 7.4% inflation rate released by INDEC on Thursday. “One looks at what increases more than inflation, then it seems to you that everything has increased more,” she said.

“Fruits and vegetables have a seasonal component. There it is important to understand that, many times it happens to us, it depends on what we buy, what are you looking at? How does it rise equal to or less than inflation, or where does it rise more than inflation? In what increases the most. So what do you think? That everything increased more. There is a question of perception that plays there”, He said while talking to radio 990.

Furthermore, he argued that not all the problems of price increases can be solved by his management in the Secretariat of Commerce, which he arrived at after the hiring of Sergio Massa as Minister of Economy.

and added by the “multiple” factors which affect the index, for which he ensured that the problem must be addressed by macroeconomics, in compliance with the fiscal guidelines.

In this context, he announced that he would relaunch the Care Prices program and stressed the need to take care of dollars by establishing control over imports.

Matías Tombolini, Vice President of the Bank of the Argentine Nation.  Photo: Ignacio Blanco / The Andes

Matías Tombolini, Vice President of the Bank of the Argentine Nation. Photo: Ignacio Blanco / The Andes

He also indicated price freeze, one of the measures that were the axis of the past management of Roberto Feletti. And he asked companies to respect the agreements agreed with the government.

Days ago, the official expressed his preference for the Care Prices program with “the spirit of Augusto Costa, since 2014”, to act as a reference price system,

“We have to work on incentives, What hurts the most to a defaulter is not the fine, but that they touch his pocket. If you mess with imports, the incentive to try to comply with the signed agreements is very high. The question is what motivates this increase: if it is speculative, they will have to explain to us why they are using our dollars for a very unfair profit differential, “she said.

Regarding the relaunch of Care Prices, the Secretary of Commerce said the central goal is establish reference prices for products.

“This allows you to say, ‘This is the milk, this is the meat.’ This referentiality is one more tool, it is not the only one, but it helps to improve the management of the family budget. When you lose track of what the products are worth, they make you pay anything “condemned.

Tombolini, laboratories: and drug prices: “Some sales managers pressed the wrong button”

The Secretary of Commerce also targeted the labs for what he understood were increases above inflationwhich broke the agreement with the government.

“If the labs agreed on a model of price increases below inflation, and soon after August has already broken the guidelines … We tell them: take a look, “Tombolini said in a dialogue with Radio Diez.

Then he allowed himself to be ironic, a style usual in his predecessors in his place, not all with good endings. “It may happen that some, not all, of the products of the laboratories have moved above what was agreed. Verification … Maybe some sales manager hit the wrong button“, He threw.

In this sense, Tombolini said that they will ask the laboratories to “see what is happening” and that if there are no changes in this sense within a few days, they will call them. “And we go through everything,” he said..

The latter explained by saying that “when the laboratory counts, uses the dollars of all Argentines at the official exchange rate.

“So in your cost structure it is difficult to understand what causes a price to move above the official exchange rate which is below inflation, “Tombolini defined.

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Source: Clarin

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