Appliances chains agreed to freeze prices until April

Argentina, February 5, 2013

According to Government sources, Fravega, Garbarino, Rodó, Falabella and Musimundo joined the agreement provided for two months to freeze the prices of the products they offer. The agreement was signed by the chains and the Ministry of Domestic Trade.

So companies added to the price freeze also agreed with supermarket chains.

The National Government made new announcements regarding the cost of living, which are related to the freezing of prices for 60 days and the application of a new method of measuring inflation, after the criticisms they received by the IMF.