Argentine peso depreciation of imported furniture prices

The impact of the sharp devaluation of the Argentine peso on the price system has gradually emerged. Many merchants have started to increase the price of goods with a high proportion of imports or simply put them down for sale. In the capital city of Buenos Aires, some home appliance sales chain and electronic products market Some merchants' annual promotions have been canceled. LCD TVs with sufficient supply on weekdays have begun to “out of stock”, and the prices of a number of newly arrived refrigerators have risen sharply. Some time ago, the price of 150,000 items of household appliances and supermarket chains was tracked. The results showed that the proportion of household appliances and furniture with higher import ratios rose the most, with an average increase of 15% and 10% respectively, followed by kitchen supplies and hardware. , an increase of 7.8%.

The Argentine government said that it has taken measures such as suspending business and fines for merchants and enterprises that do not comply with the government price agreement, and has also conducted 31 cases of price violations such as “unknown price” in home appliance chains and supermarkets in accordance with the Fair Trade Law and the Consumer Protection Law. Investigate.

Adjusting cement, prefabricated panels, steel bars, asphalt, etc. for the construction industry, and calling on relevant enterprises and industry associations to cancel the price adjustment. “Do not overreact and take measures to avoid an atmosphere of depreciation and inflation.”

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