Caputo warned supermarket owners: “People will not accept price increases.”

Caputo warned supermarket owners: “People will not accept price increases.”

On Tuesday, Economy Minister Luis Caputo met with supermarket representatives to discuss inflation and economic policy. He emphasized that there are currently “no macroeconomic reasons for inflation” and highlighted the importance of building trust in the economic model. This information was shared by the Ministry of Economy.

Caputo pointed out that monetary measures aimed at curbing emission and ensuring fiscal stability would help reduce inflation. He further explained that consumers would not accept price increases.

During the discussion, the Minister and business leaders agreed on the need to lower the country tax and ensure that this reduction translates into lower prices. In this context, Caputo confirmed that the National Government’s goal is to lower taxes and inflation.

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Supermarket representatives expressed their support for the government’s economic direction and measures. They also emphasized the need to tackle informality and unfair competition within the sector. Following the meeting, Caputo shared, “It was an excellent meeting with supermarket representatives. We continue to listen to the needs of different sectors and explain in detail the measures we are implementing.”

Representatives from companies like Carrefour, Cencosud, Chango Más, Coto, Día, La Anónima, and the Association of United Supermarkets were present at the meeting.

Source: https://www.perfil.com/noticias/economia/luis-caputo-se-reunio-con-representantes-de-supermercados.phtml

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