US EditionAfter the Rise of the Dollar, the Food Companies Define the Price Lists for August This Week: How Much the Increases Will Be
7 Articles
7 Articles
Some companies, such as the oil companies, have already sent their lists to all the channels. It also has a strong impact on the farinaceans. Others will evaluate the evolution of the exchange rate in the coming days.
Food, beverage and cleaning companies updated the price lists that will be in effect from Monday. In the case of meat, the rise rates range from 8% to 10%.
Caputo claimed that no more ups than "4 or 5 percent" were accepted, in the face of a devaluation that was 14 percent and lists that arrived with increases of up to 9 percent.
Some sectors have already warned that the price increase is continuing at the negotiating stage, others indicate that there is no turning back.The entry Immediate reaction: the dollar rises and new price lists are being negotiated was first published in #BorderJournalism.
Armando Farina, a reference in the food sector, spoke on Radio del Plata with Diego Schurman and his team in the “The Zoo” program about the impact that the recent dollar hike could have on prices of mass consumer products. “The increase in the dollar is already reflected in the price lists we receive from suppliers, with uploads ranging from 2% to 8%,” he explained. However, he clarified: “That does not mean that we will apply it. We are attent…
The dollar rose by 14% in July, while all estimates of consultancy inflation are between 1.6 and 2% for that month, similar to the previous months, in which the exchange rate remained stable. However, the rise of the last few days in the currency could imply a transfer at prices, which the government seeks to avoid. There are automobiles that already confirmed that they will increase to 5.5%; the food companies sent new lists of up to 9%, which …
Coverage Details
Bias Distribution
- 100% of the sources lean Left
Factuality
To view factuality data please Upgrade to Premium
