The government will seek to renew the Fair Prices program for another 90 days. Within this scenario, it will look to renew the Fair Prices program in a context where it is also seeking to realign expectations that were distorted after the primaries. The government will seek to extend the current agreement that expires on October 31 for the next 90 days with a 5% monthly increase. The agreement expires at the end of the month, and although companies have already made raises, they will seek new ones that are unlikely to be approved, at least in the ammount they intend. But they consider the Fair Prices program a tool to guide expectations in a high inflation regime driven by high inertia.

Source: Bueno Aires Herald October 25, 2023 16:09 UTC