US EditionThree Phenomena Contain the Transfer at Prices of the Rise of the Dollar, but Companies Warn for the Economy
5 Articles
5 Articles
The noise with the dollar sounded all the alarms and produced an emergency meeting of the food industry chamber. It was made on Monday in Coca Cola. Several companies had warned the chains that were going to be marked; others even sent the expected hikes. A third group, expectant, had gathered their executives to analyze the next steps if the currency did not stop. The media already made the news that some supermarkets received lists with increa…
The dollar leap in July raised concerns about the possibility that this rise will move to the prices of the different goods and services. In this context, supermarkets and food companies began to negotiate increases, while economists warn that the impact will be reflected in the August inflation. During the first days of the eighth month of the year they began to arrive the lists with the values marked in different products of mass consumption b…
Since about twenty days ago, with the sharp rise of the dollar, companies in the food, beverage, cleaning, personal hygiene and toilet sector began to submit price adjustment lists ranging from 3% to 9%. The key organization, the Food Producers Coordinator (Copal), notified supermarkets and shops about these increases. In the statement, it was explained that Arcor will adjust its prices between 3 and 5%, while Mondelez will move an increase rang…
After the strong rise of the dollar last week, with a maximum since the departure of the $ 1380 quota last Thursday, many wonder how much the currency will go after the legislative elections of October.The dollar began to rise in early July driven by various factors such as the end of the temporary reduction of retentions to agriculture, the disarmament of the Fiscal Letters of Liquidity (LEFI) and the political noise in the Senate after the app…
The volatility displayed by the dollar over the last few weeks brought its consequences in different sectors and the food industry was not foreign. In this context, the Vice President of the Federation of Warehouses of the province of Buenos Aires FABA and Vice President of the General Confederation of National Warehouses, Fernando Savore, analyzed the recent price movement experienced by the edible sector, highlighting that companies are applyi…
Coverage Details
Bias Distribution
- 100% of the sources lean Right
Factuality
To view factuality data please Upgrade to Premium
