rounds start for food, construction and appliances

Regarding the third sector, that is, electronics and household appliances, the minister stated that "we want to generate a price agreement to improve accessibility" .

Matías Kulfas

Kulfas gave details of the Government plan to lower inflation

Press Ministry of Productive Development

After recalling that “we are a government of dialogue”, Kulfas He asserted that " the idea is to generate agreements, is to avoid uncoordination that occurs in the market, generate good economic guidelines that the Ministry of Economy has already proposed and add these types of agreements that we know help disinflation." 19659007] Inflation and the consequent loss of purchasing power of the population are the issues that generate the greatest short-term concern in the Government. Both in December and last January, the consumer price index registered an increase of 4%, that is, it is at an annual rate of 60%, double the goal established in the budget (29%). [19659008] Worse still, food has been rising at a faster rate (75% annually), particularly affecting the consumption of the sectors with lower incomes, that is, those that allocate a greater proportion of their budget to food.

Forecasts of the consulting firms for the current month anticipate a variation in retail prices of the order of 3.2 to 3.5%, that is to say somewhat less than in January, but equally high.

The discussions in the Sectoral tables will take place in a complex context, marked by the marked deterioration suffered by wages in recent years and business claims for adjustments in prices regulated by the Government.


The purchasing power of the formal workers suffered a loss of 17.5% between 2018 and 2019 as a result of joint ventures that did not anticipate the inflationary accelerations that occurred in those years.

At the beginning of his government, the Frente de Todos tried to reverse the situation with fixed-sum increases established by decree. Thus, the blank salary grew almost 14% (twice that of inflation) during the first quarter of 2020, but "the arrival of the pandemic and the quarantine ruined any attempt to recover the real wage ”Says Ecolatina. In sum, last year added a new deterioration in the purchasing power of workers of 3%, according to this consultancy.

In the first quarter of the year, historically, joint negotiations were resolved. Currently, the talks are difficult not only due to the magnitude of the wage decline, but also because of the sharp setback that the economy suffered last year in the context of the pandemic.

With the aim of preserving the purchasing power of the In sectors with fewer resources, an alternative that is being considered in the Government is the increase in the minimum wage, as advanced by a high official source to Scope.

In turn, businessmen complain about what they consider a delay in updating the prices regulated by the State that would not be less than 15%, as they estimate.

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