July 26, 2014
Gov't sets bread price at 18 pesos
The Domestic Trade office and bakers nationwide have agreed on a 18-peso-price per kilo of bread that will come in force on Friday and run under the government’s Precios Cuidados program that aims at curbing inflation. Cabinet Chief confirmed the agreement’s signing.
“Following the agreements and commitments that the Domestic Trade Secretary promotes between the different links of the productive chain, the state and consumers the (bread) accord has been set,” Capitanich told reporters this morning during his routine press conference at the Casa Rosada presidential palace.
Trade Secretary Augusto Costa, bakers’ associations and flour producers agreed earlier this week to sell 50-kilo bags of flour at a fixed rate of 240 pesos. Bread is now sold at about 24 pesos per kilo in most Buenos Aires City neighbourhoods.