The government will launch the second stage of the Precios Justos (Fair Prices) price control agreement today, which will allow companies to mark up prices by 3.2% a month. The new stage will maintain the price freeze on those 2000 products –a list that can, and probably will, be modified. The list of items whose price rises are controlled will be expanded to 52,000 products, and the allowable monthly price rise will be reduced from 4% to 3.2%. According to official sources, 482 companies have joined Fair Prices, and 50 more could do so today. According to official sources, no major supply issues were encountered and compliance levels surpass 80%.
Source: Bueno Aires Herald February 03, 2023 15:15 UTC