Controversy continues over the measure adopted since the Secretary of Internal Trade, in charge of Roberto Feletti, who indicated that they will be more than 1200 products whose prices will be frozen until January 2022. Feletti assured that they will seek to “ensure a quarter of full consumption and a bit of joy”, although the markets have not been very enthusiastic about the measure.
According NA AgencyFeletti said today that the freezing of prices of more than 1,200 products will allow to “stop the ball” with inflation. “Inflation in September seems to be above 3% and what I saw in October is not good either, that’s why we bring prices back to October 1,” said the official. This is one of the great problems of the country, since if it accumulates more than 10% in the next three months, annual inflation will be almost 50%.
Feletti explained that “seasonally, the last quarter is a period of high consumption. The bonus was collected, the parity has already been collected, in spring people consume more. Let us all agree to a degree of social responsibility and ensure this exit from the pandemic with joy ». He then remarked that “the Argentine people need to recover their consumption standards, return to that middle-class logic that can have a wine, make a gift on Mother’s Day.”
“Let’s recover the weight of the salary because if not, how far is this increase in food going?”, Feletti deepened. This is what we want to stop. It is not a stigmatization of entrepreneurs, I don’t even want to open up discussions about why it happened, “he added, who considered that employers” should see this as a negative process. But if they analyze it, there is no loss of profitability, but if there is any, it is compensated by quantity “.
Discomfort from the Chamber of Commerce
Natalio Mario Grinman, president of the Argentine Chamber of Commerce (CAC), said that “the discomfort is evident and we have discussed it with several company leaders. An entrepreneur is an entrepreneur who generates sources of work and needs a reasonable return ”. “They ask us to make efforts to businessmen, but when will the government make an effort.”