Argentina: The Maximum Prices program will continue until June but with fewer products

Published May 14, 2021

Tridge summary

The Argentine Ministry of Internal Trade has extended its Maximum Prices program until June 8, maintaining the prices of essential items while removing 36 categories of food, hygiene, and cleaning products. These removed categories include olive oil, certain foods, and hygiene products. This extension is a precedent to a new price agreement expected in June, which will be set for the essential items and valid until the end of the year. The government plans to involve food producers, distribution chains, and supermarkets in the formulation of this new agreement, with a focus on supporting local businesses.

Disclaimer: The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The Maximum Prices program was extended this Friday until June 8 by the Ministry of Internal Trade, which will keep only products of the basic basket that will not register increases and removes 36 categories of food, hygiene products, perfumery and cleaning. In this new stage, it was decided to keep the products of the basic basket in the program, without implementing increases to the current values. However, the secretariat decided to delist from the Maximum Prices program 36 categories of olive oil and other Oils, Toasts and breadsticks, Sweeteners, Flavors, Rice (except long fine), Pickles, Olives and Pickles, Self-rising flours and premixes, Bakeables and gelables , Fresh pasta, soy Milanese, frozen products based on processed vegetables and vitamin supplements. Other families of products are Sponges and gloves, Rags and cloths, Drain openers, Disinfectant wet towels, Perfumes and colognes, Hair coloring, Adult diapers, Cottons and swabs, Enamels and nail polish removers, ...

Source: Diariouno