Alberto Guidapresident of the Argentine Chamber of Distributors and Supermarket Supermarkets (Cadam), said today that "in the last three months the corrections are not significant," saying that "in the average in 2018, which gives a statistical real, an average of about 44 percent." In addition, he referred to the impact of new tariff increases on food prices.
In a dialog with The NaughtyGuida said on Friday that "there has been no significant increase in the last three months", but that "the great adjustment of prices was observed from April to July, gradually in different proportions". Then, he said: "What can change prices indirectly and will be part of what we see this year, for example, it's all an increase in services."
"For example, in the case of gas, the productive industry works on the majority on the basis that the furnaces and this increase have an impact on the cost structure, a logistics term may be with a toll for issuing … fuel for a moment it's more or less stable, but in principle what we think is that the new year is now framed in the inflation expectations that are spoken by an average monthly 2 percent, "he explained.
"What will happen to food prices at the time when the new tariffs for electricity and gas begin to apply?" Then asked Alberto Guida: "What is happening is not all companies do it at the same time (…) These are processes that every company fulfills based on its specific situation of product rotation, the need for recovery. "
He added: "There are companies that closed the fiscal year in December and started a new year. There are companies that will close in late June, making the position of a commercial strategy of each company different on the basis of expectation Now, as long as we do not live again in devaluation, I believe that the process of price increases will be gradual, differentiated by companies and products and will be aligned in the year with what may be the expectation of inflation to date. "
Asked if consumers were turning to wholesalers for better prices, Kadham said: "I do not know if they go any further, keep their buying position … the general consumption for us fell by 2 percent a year with the highest drop in the last semester , but it differs from business designs, since the wholesale channel is the most visible of wholesale self-service and it seems that they are all wholesale self-service, but wholesale services are no more than 30, 35 percent of what is the wholesale structure. the rest is a sales and distribution team in local businesses. "
"In what is the wholesaling of self-service, the consumer has addressed the wholesale services in the last two years in search of price benefits … which is still constant, so that they continue to confirm that position and that habit of buying and that is robust salespeople of the auto-service did not have a big drop, it depends on the commercial dynamics of each of them, some more, some less, but they are stable, "he added.
In another part of the interview given to this medium, Alberto Guida talked about how he sees the panorama for his sector during the current year: "I see reasonably stable first semester, we must now see how the results of the first semester are measured, because if we measure the first quarter of this 2019, compared to the first quarter of 2018, there will undoubtedly be a significant decline, because the first quarter of the year that has not passed I had negative scenario. "
"Now, if we measure this quarter from 2019 against the results of the last quarter of 2018, I think there will be more positive results … On the other hand, in this first semester I understand that the income from everything is the collection of cereal sales, I think there will be some activity and some improvement … the issue of parity also ends, "he added.
And he closed: "I do not see the critical first semester, I visualize the second semester more commercially critical if the panorama of the uncertainty in the presidential election is maintained, because the uncertainty that generates is paralysis (…) I believe that the risk of the electoral process is part of that uncertainty context that generates commercial paralysis, where there is no clarity as to what the final result might be and the path taken, creates some time of an inert commercial situation. "