Criticism of the decision to facilitate imports to lower domestic prices

Jorge Feijóo, president of the Argentine Sugar Center (CAA), spoke of the possible impact on the sector of the national government's measure, regarding the opening of imports of products from the basic basket. The head of the Argentine Sugar Center explained that importing sugar is more expensive than buying it in the domestic market. In this regard, Feijóo said that in the last six months (September 23 - February 24), the price of the 50 kg bag, which is what supplies the industry, fell 12% in nominal terms, compared to a CPI that had an increase of 108% in the same period. "If the adjusted price is considered, the drop was 43%," he said. In this sense, he mentioned that in the consumer installment, according to Indec, in six months (August 23 - January 24) there was a nominal increase of 73%, which represents 35% below inflation. "But in the February indices published today by Indec, sugar fell: -6%," he said. On the other hand, he pointed out that the price of the bag fell from ...