The Commerce Secretary announced on Tuesday a fruit and vegetable basket who will hold their Prices set throughout the month of March in supermarkets and at the Central Market. Thus, the Government seeks the stability of values in a context of high volatility.

The government signed an agreement with supermarkets to fix the price of fruit and vegetables in March
The program announced by Secretary of Commerce Matías Tombolini will be valid for one month and will only cover the Metropolitan Area of Buenos Aires (AMBA).
The basket will include a composite basket: black potato ($189), round tomato ($299), seasonal lettuce ($569), apple ($399), onion ($189) y Ecuadorian banana ($470) y subtropical banana ($360), Detailed Trade.

In January, according to INDEC, the fruit and vegetable category saw an increase of 11.6%. A monthly basket in the AMBA surveyed by the statistical agency showed that the round tomato has been highlighted in 64.8%there Orange increased by almost 50%there dad of 24.7%he lemon experienced an increase of 13.2% and the onion of 8.9%.

In January, Argentina was among the 3 countries with the highest monthly inflation and with February data it would reach an annual increase of 3 digits
The 6% that marked the CPI in the first month of the year left Argentina only below Turkey in a global inflation sample
“The possibility of building this basket, which represents what is most consumed by Argentines, is very important for us because the sector has shown a very high volatility and this has been seen in the rise in prices. This prompts us to announce these prices to you for 30 days and inaugurate an approach mechanism that my to my We will continue to renew it”, stressed Tombolini during the presentation of the agreement to the Ministry of Commerce.
In this sense, he praised the work in collaboration with the Central Market and the operators and celebrated “the commitment not with the national state, but with every Argentine and every Argentine in the AMBA area who expects to see a stable price on the gondolas.”

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So far this year, the Ministry of Commerce has carried out nearly 1,200 inspections at outlets. Over the past year, the presence of the basket with agreed values in commercial areas has decreased
And he concluded: “This agreement also follows the instruction of the Minister Sergio Massaas part of a roadmapfiscal and reserve accumulation, is complemented by increasing the supply of goods and building price agreements, with the idea of bringing order and predictability to the table of Argentines”.

According to Ministry of Commerce sources, this basket “will maintain its fixed prices for a month with the aim of relieving the pockets of Argentines and ensuring order, predictability and availability of supply to the sector. At the end of the mandate, new price and product guidelines will be renegotiated, taking into account the seasonality that characterizes the sector. These products and prices will be available in major AMBA supermarket chains”.
The Under Secretary for Consumer Actions participated on behalf of the Secretary of Commerce, Lucila Buetti; the Undersecretary for Internal Market Policy, Gustavo Faskowicz; and the Executive Coordinator of the Price Observatory, Anastasia Daicich.
Also present were the representative of the Central Market Oscar Liverotti; the executive director of the Asociación Supermercados Unidos (ASU), Juan Vasco Martinez; and representatives of Cuadro Norte, Federico Bayacasal; from Fruticola Saturno, Rogelio Gonzalez; by CencosudChristian Candas; of Carrefour, Nestor Sister; of Camabana, Juan Lastra; of Agro el Corralito, Martin Viola; by Pradan SA, Guillermo Gottfried; and Maguos SA, Gustavo Perez.
Food had a significant weight in inflation this month. According to a report by C&T Asesores Económicos, “February is usually a month of relatively low inflation, but that was not the case this year. To a large extent, this anomalous behavior is due to the 9.2% increase in the food and beverage category, the category with the highest weight. In general, there was an acceleration of all its main components, but the most remarkable aspect was the 20% increase in meat, a process that had already started in January and which was accentuated in FEBRUARY “.
According to a report by the Institute for Argentine and Latin American Reality Studies (IERAL), the increase in food prices in our country last year averaged 5.7% per month, a figure that places it as the highest in the region, while the average of ten Latin American countries gave, instead, 1 percent.
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