It has been a rough four months for hip pockets in Argentina. Already this year, consumers have seen price hikes in gas, electricity, taxis, buses, private healthcare plans and petrol.
And from May 1, water prices and underground transport fares will also jump.
Water prices will incease by 26 percent on average according to water distribution company AySa. The increases will bring the average monthly water bill in metropolitan areas to 208 pesos (US$ 10).
In a major step, the government has also authorised the finalisation of subsidies on over one million bills. Prices for these households, which account for 30 percent of all water consumers, will rise 68 percent on average. However, the increases will be incremental.
Opposition lawmakers have tried a number of legistlative manoeuvres to stop the government's roll-back of subsidies on utility bills, while members of its own coaliton have also put pressure on the Macri administration.
In an economic sense, the government is walking a fine line. Inflation in the first three months of 2018 accounts for 45 percent of the government's annual inflation target of 15 percent.