News of price controls

AmCham warns government that price controls are 'time bomb'

26-10-2021 14:08 US companies warn in an emailed statement issued via American Chamber of Commerce in Argentina that “price freezes do not solve the problem" of runaway inflation, rather "they transform it into a time bomb that will explode sooner or later.”

BATTLE AGAINST INFLATION

Argentina freezes prices on over 1,400 goods ahead of elections

20-10-2021 10:11 The government is freezing prices on 1,432 household items in an effort to cool accelerating inflation ahead of November’s midterm election.

AND THAT REMINDS ME…

Price controls without IDEA(s)

16-10-2021 00:01 The holes in price controls are an all too familiar story in Argentina. All sorts of routes for bypassing them, but the ultimate problem confounding price controls is that even their success against all the odds also contains the seeds of failure.

by Michael Soltys

NEW PRICE CONTROLS

Government agrees 90-day price freeze for more than 1,200 products

14-10-2021 17:12 Government reaches agreement with retailers and business leaders to freeze prices of more than 1,200 household goods for 90 days – latest attempt to win back voters and tackle runaway inflation.

POVERTY & THE PANDEMIC

Government extends food aid to four million kids under 14

09-05-2021 09:20 President Alberto Fernández says government will extend Tarjeta Alimentar food card scheme to four million children aged under 14, with poverty on rise among youngsters.

BLOOMBERG - ANALYSIS

Argentina resorts to unorthodox tools to fight 40% inflation

17-03-2021 13:24 Argentina is once again turning to a combination of unconventional policy tools to curb inflation, which is expected to near 40 percent this year.

EDITORIAL

Menem: A man of his times – and ours

20-02-2021 06:08 Despite his passing, Carlos Menem’s spirit remains very much around, in both the current government and the country as a whole.

PRICE CONTROLS

Government to investigate food companies amid price clampdown

17-02-2021 14:28 Production & Development Ministry plans to investigate several food companies for not “increasing production to its highest level of installed capacity” and ensuring proper delivery.

ECONOMIC INDICATORS

INDEC reveals inflation reached 36.1% in 2020

14-01-2021 19:44 Argentina registered cumulative inflation of 36.1% in 2020, with product prices rising fast in the final months of the year.

Food-purchase scandal

Government under fire for overpaying on food purchases

07-04-2020 17:12 Social Development Minister Daniel Arroyo asks official responsible for overpaying for foodstuffs to resign, amid fierce criticism from opposition.

ECONOMIC INDICATORS

53.8%: Argentina posts the highest inflation rate in 28 years

15-01-2020 17:51 INDEC reveals prices last year increased by the highest rate since 1991, with inflation in December coming in at 3.7%.

ECONOMIC MEASURES

Kulfas praises businesses as government re-launches Precios Cuidados

08-01-2020 17:46 Government re-launches price-controls scheme with a list of 310 items, which includes "leading brand" products "at reasonable prices," according to officials.