INSUBCONTINENT EXCLUSIVE:
Following the recent election in Argentina, prices in various sectors have surged, with products now costing up to 45% more.A diaper store
Following a public holiday, multinational consumer goods companies issued new price lists.These lists reflected increases of up to 40%
Supermarkets registered even higher jumps, with some prices climbing by 45%.In response, the government negotiated new price agreements
For other products, the limits are 12% and 8%, respectively.Fernando Savore, from the Buenos Aires Province Storekeepers Federation GBA,
criticized the price rises as excessive.Steep Post-Election Price Hikes Hit Argentina
(Photo Internet reproduction)He highlighted steep increases in food, cleaning, and personal hygiene products
He also accused wholesalers of exploiting the situation, describing them as monopolistic.However, not all companies raised prices
often take days to adjust prices after such events.Change in GovernmentCurrently, negotiations are ongoing to maintain price agreements
price reference, and inflation inertia are also factors
shocks.This expectation might drive businesses to increase prices as a preventive measure, especially those that have historically lagged
