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Due to the rise in prices, the Government announced the opening of food imports - Infobae
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Por la suba de precios, el Gobierno anunció la apertura de importaciones de alimentos
La decisión fue comunicada por el vocero Manuel Adorni luego de la reunión del ministro de Economía con los representantes de las principales cadenas de supermercados
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March 12, 2024
The decision was communicated by spokesperson Manuel Adorni after the meeting of the Minister of Economy with the representatives of the main supermarket chains.
Manuel Adorni se refirió a la reunión de Caputo con empresarios de supermercados
Manuel Adorni se refirió a la reunión de Caputo con empresarios de supermercados
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Manuel Adorni referred to Caputo's meeting with supermarket businessmen
The presidential spokesperson, Manuel Adorni , reported that the Government ordered the opening of food imports. The decision comes after a meeting held by the Minister of Economy, Luis Caputo , with representatives of the supermarket chains.
“At the meeting, the businessmen recognized a price increase above the inflation expectation and of course that the scenario that the businessmen had evaluated was catastrophic, something that has not happened,” the official introduced.
"We understand that the economy is gradually normalizing and along these lines the decision has been made to definitively open imports of certain products in the family basket in order to make prices more competitive for the benefit of families and consumers. Argentines,” Adorni reported.
The official added that there will be “some tax relief” on imported products to help correct prices.
The details of the measure will be reported this afternoon, he said.
Meeting with supermarkets
According to sources from the Treasury Palace, in his meeting with supermarkets Caputo stated that there were “excessive increases” in prices in recent weeks and that “they do not reflect the new economic reality . ”Representatives from the Cencosud, Coto, La Anónima, Carrefour, Chango Más and Día chains participated in the meeting . Caputo attended with his Secretary of Industry and Productive Development Juan Pazo , Secretary of Commerce Pablo Lavigne and advisor Martín Vauthier. As a few days ago before CEOs of mass consumption companies, the minister defended his economic roadmap, ruled out a devaluation and said that political "up and downs" will not change the zero deficit objective .
“Caputo explained that the economic program is being strictly followed , based on fiscal balance and the recomposition of the Central Bank's balance sheet. He added that lowering inflation was the priority to be able to stabilize the economy, and thus begin a growth cycle that allows for lower taxes,” they stated from the Ministry of Economy.
There was also time for complaints. “The minister also placed particular emphasis on the fact that the prices of mass consumption products do not reflect the new economic reality today . In this sense, alternatives were debated to combat the excessive increase in prices and thus protect consumers,” indicated from Economía.
This Monday's meeting took place in the midst of concern from the Executive Branch about the effect that promotions and discounts on shelves may have on Indec's price measurement, something that is already contemplated in the official methodology.
Along the same lines, and after a meeting with mass consumption companies held last Friday, the Minister of Economy had said through the real price per unit of the products so that they can be appropriately captured by Indec .”
“It happened to many companies that they priced their products expecting a catastrophe scenario that did not materialize. Today they have very high list prices that people mostly do not validate , and they have already begun to lower them, but through promotions, such as '60% discount on the second unit' or even '2x1',” Caputo said.
