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The Government authorized increases in the Maximum Price values: what are the variations

2020-10-07T09:32:50.076Z


The program, implemented last March, runs until October 31.10/07/2020 - 1:20 Clarín.com Economy The national government authorized increases in some of the items reached by the Maximum Reference Prices program for mass consumer products. The raises range between 2% and 6%, according to the regulations that appeared this Wednesday in the Official Gazette. Through provision 14/2020, the Undersecretariat of Actions for the Defense of Consumers - dependent


10/07/2020 - 1:20

  • Clarín.com

  • Economy

The national government

authorized increases

in some of the items reached by the

Maximum

Reference

Prices program

for mass consumer products.

The raises range between 2% and 6%, according to the regulations that appeared this Wednesday in the Official Gazette.

Through provision 14/2020, the Undersecretariat of Actions for the Defense of Consumers - dependent on the Ministry of Productive Development - published the

updates for 18 items

reached by Maximum Prices, which is valid until October 31 .

The

most pronounced rises

will be for yerba and wines, sparkling wines and 100% pure fruit juices.

These two categories could increase their prices by 6%, compared to the previous list.

Sunflower oils and wheat flours will have rises of up to 5%.

Pet food, rice and beans, personal care items and herbal teas will see increases of 4%.

The increases will be 3% for frozen foods, beverages, preserves, sausages and pickles, cleaning the home, kitchen and bazaar, papers and other flour, noodles, cookies and bread.

The

lowest variation

will be for sweets and sweeteners, milk and its derivatives, the rest of the oils, soups, broths, purees, dressings, condiments and snacks: it will reach 2%.

The Undersecretariat of Actions for the Defense of Consumers explained that, in its surveys, it

verified "changes in cost structures

that reasonably significantly affect the economic equation" of stores, supermarkets and hypermarkets.

The policy of Maximum Reference Prices was implemented on March 20, as part of the economic emergency measures due to the coronavirus pandemic.

At that time, the government ordered prices to be rolled back to those in effect on March 6, for more than 2,000 mass consumer products.

Later, last July, the Undersecretariat authorized a first update of the reference values ​​for 12 items included in the list.

The increases were between 4.5% and 2%.

Subsequently, in the month of August, the validity of the program was extended until October 31.

Look also

The maximum prices will continue for a month, but there will be some occasional increases

Dollars: producers retain their grains and the government's plan to reinforce the Central Bank's reserves is complicated

Source: clarin

All business articles on 2020-10-07

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