News of price controls

'Like James Bond' – Price spies fan out to fight inflation

15-02-2023 00:07 A group of ordinary citizens are volunteering their time to police stores' adherence to price controls proposed by the government to curtail spiralling inflation.

PRICE HIKES

Argentina’s latest unorthodox tool to combat inflation: AI

05-02-2023 08:31 Argentina has come up with a new tool to keep track of price increases: artificial intelligence.

BATTLE AGAINST INFLATION

Fuel suppliers join price control scheme with 4% monthly cap

29-11-2022 11:07 Major oil firms sign up to Sergio Massa’s new price control scheme, agreeing to cap increases in a bid to tackle inflation and keep costs at the pump down.

PRECIOS JUSTOS

Massa confirms price controls for 1,400 products on way

11-11-2022 10:40 Economy Minister Sergio Massa reveals that more than 100 companies have signed up to ‘Precios Justos’ price controls scheme, as he admits “the situation is critical.”

And that reminds me…

Not getting the hang of it

28-05-2022 01:00 The Kirchnerite wing of the Frente de Todos coalition has come to the final conclusion that the “war on inflation” is irreversibly lost, leading to a refusal to have any official of its kidney attached to that failure.

by Michael Soltys

BLOOMBERG - ANALYSIS

Price control chief quits in latest sign of infighting

24-05-2022 09:41 Resignation of Domestic Trade Secretary Roberto Feletti is the latest sign of infighting over the government’s economic strategy as annual inflation approaches 60 percent.

IMF DEBT TALKS

Guzmán, Feletti spoke to IMF staff on price controls

14-01-2022 21:06 Economy Minister Martín Guzmán and Internal Trade Secretary Roberto Feletti spoke with IMF staff on Friday about the latest phase of the government's price control programme.

ECONOMIC INDICATORS

Inflation slowed to 2.5% in November, reveals INDEC

14-12-2021 22:56 Price increases slowed from previous month yet have risen 45.4% since January and by 51.2% over the last year, according to official data.

90-day freeze

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.