Another strong price observation on food | Chronic



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Because? Francisco Martirena Auber
martirena74

In a new round of increases, hypermarket chains, provincial supermarkets, supermarkets, warehouses and wholesaler centers began to raise the prices of various products to 15%, after that during the week oil, flour and rice they will increase by 5% , since they are items "linked" to the US dollar price.

According to industry sources consulted by Chronic, the Arcor company ordered increases of 10 to 15%; Unilever, between 6 and 7%; Dulcor, between 7 and 12%, and Nestlé also plans to do so. Likewise, cold cuts, dairy products, herbs and bleach will be highlighted.

"The situation is terminal because the suppliers kill us with the increases", they said in the supermarket chains. The decision of the companies nucleated in the Coordinator of Food Industries (Copal) again despised the Minister of Production and Labor, Dante Sica, who last October ventured to point out that "In the coming months, prices will slow down."

The reformulation of sensitive products such as oil, flour and rice is a "Mazazo" to official expectations that expect a fall in inflation and, consequently, in the final prices for the consumer.

In a scenario in which lower inflation is expected in November, one of the networks was informed by "The wave of increases continues.We are clearly in the scenario of stagflation and we do not see a next exit".

More profitability

Other sources pointed out that companies still bet on higher profitability, despite the drop in consumption, a phenomenon that is observed especially in the Argentine market. After the last quarter of 2017, which had an increase in relation to the previous year due to the increase of the peers, there was a period of decreases in consumption.

"The big problem is that the inflation of the basic basket is much above the general", was indicated. "In supermarkets, the situation is terminal because the suppliers kill us with the increases. Even in more than one chain is spoken of closure of premises and layoffs", he was alerted.

In the same way, in the behavior of the consumer, it repeats the tendency of the previous months, "People buy in small quantities, even if they come several times a month. In addition, keep buying cheaper brands", they pointed out.

The takeover of the American currency has and will have an immediate impact on the gondolas, partly because of the imported components and also because of the speculative behaviors that always appear in the business sector, which leads to the liquidation of purchasing power.

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