President Gustavo Petro’s invitation to chain stores to lower prices in order to combat inflation continues to produce effects. To the announcements announced -just to name a few- by Éxito, Colsubsidio or Tiendas Ara is added the announcement of the Association of Refrigerators of Colombia.
(In addition: We tell you what are some of the products that are discounted in Tiendas Ara).
How much will the price of meat drop in Colombia?
Colombians will notice the reduction in the next few days. As they explained, they expect the price of meat across the country to drop by 15%.
“We are responding to the invitation of the President of the Republic, Gustavo Petro, and drawing the attention of the different actors in this chain because there are conditions to achieve this price reduction,” said Álvaro Urrea, president of the Association.
(You can read: Great discount war: chain stores lower prices; we tell you about the offers).
In addition to responding to the call of the Head of State, The Association ensures that there are several factors at the national and international level that allow them to reduce pricessuch as the beginning of the cattle harvest season or the rains that regenerated the pastures.
“It will benefit all Colombians who have been facing an unprecedented price escalation. Therefore, we will be happy to give this news to the country,” they sentenced.
The price war
The objective of this initiative, which impacts the products that are part of the basic basket, is to curb the inflationary impact that households in the country are experiencing. It is worth remembering that annual inflation in April was 12.82%, a small decrease after reaching record figures above 13%.
(Don’t stop reading: Tostao joins the ‘discount war’ and also low prices).
President Gustavo Petro was grateful for the decision that some supermarket chains are taking to lower the prices of their products. In principle, he referred to the case of Tiendas Ara.
“Products such as rice, eggs, oil, beans, pasta, table chocolate, oats, powdered milk, cleaning and personal care will decrease between 10% and 45%,” said the president.
I thank Tiendas Ara for their commitment to reduce their prices. Products such as rice, eggs, oil, beans, pasta, table chocolate, oatmeal, powdered milk, cleaning and personal care, will decrease between 10% and 45%.
Invite more companies to join this initiative.
— Gustavo Petro (@petrogustavo) May 15, 2023
The ‘Red Prices’ in Olímpica, the ‘insurmountable’ prices in Éxito and ‘Owners of Savings’ in Makro are some of the names that these chain stores gave to initiatives to counteract inflation.
You can also read:
– Petro’s proposal: stores in Barranquilla will also lower their prices.
– These are the ‘secret’ bodegas of discount stores in Bogotá: where are they?
– Batteries, workers: this is how paternity leave would increase with the labor reform.
– Who should paint a rented apartment in Colombia: the owner or the tenant?
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