Price increases on the shelves: Food companies are preparing increases of up to 8% due to the rising dollar.

Following the sharp rise of the dollar in recent weeks, major food, beverage, and household goods companies updated their price lists and informed distributors that they will implement increases of up to 8%. During July, the official dollar price accumulated a 13% increase and reached close to $ 1,400 , the ceiling of the floating band established by the government.

Among the companies that have begun updating their prices are Unilever , owner of Helmann's, Knorr, Dove, Axe, Lux, Comfort, and Lifebuoy; Mondelez , which owns Beldent, Tang, Clight, Oreo, Terrabusi, Tita, Rhodesia, and Milka; and SC Johnson , OFF!, Raid, Mr. Musculo, Blem, Fuyi, Lysoform, and Glade. The increases are expected to impact shelf prices starting next week, right at one of the peak consumption times of the month.

Until the increases are implemented, supermarkets will try to negotiate " so that the adjustment is closer to 5% than 10% ," they told the Noticias Argentinas news agency. "For now, the increases we have confirmed are scheduled, that is, those that were planned 90 or 120 days ago . But what we are seeing in our weekly price monitoring is an increase starting in the second half of the month," the supermarkets told La Nación.

These increases will not only be felt in food and household products, but will also affect the automotive sector, which is largely tied to the dollar. In this regard, the Stellantis Group , which brings together brands such as Peugeot, Citroën, Fiat, DS, Jeep, and Ram, implemented two price increases in recent days for its main vehicles. On July 31, Stellantis raised prices by between 5% and 7%; while on Friday, August 1, it raised prices again. In total, it accumulated a 12% increase during July.

Despite the 13% change in the value of the US currency, this will not be fully reflected in the official inflation rate, which will be released on Wednesday, August 13. According to various private consulting firms, the figure is expected to fall back below 2%.