The Argentine government agreed with bakers and put a cap on the price of bread

Roberto Feletti, Secretary of Domestic Trade and representatives of various chambers and federations of the bakery sector signed an agreement on Tuesday. The same was carried out on the basis of which the range between $220 and $270 throughout the national territory is recognized as the reference price for a kilo of bread for a period of 90 days. Feletti, together with the Undersecretary of Actions for the Defense of Consumers, Liliana Schwindt, held a meeting this afternoon with representatives of various chambers and federations of the bakery sector. The conclave was held in the Ministry of Economy of the Nation. At the meeting, they signed an agreement on the basis of which they recognize as a reference price for a kilo of French bread a floor of $220 and, as a maximum, $270, throughout the national territory for a period of 90 days. These values will come into force as of the start-up of the Argentine Wheat Stabilizer Fund, the compensation mechanism through which the national ...