Labor Day with raft of increases in Argentina: train fares, gasoline, cigarettes and air tickets

Friday, May 2nd 2014 - 08:37 UTC

Full article 30 comments

Gasoline prices have been rising monthly since last January

Despite Labor Day to honor workers, May begins with bad news for Argentine consumers: fare increases for trains and domestic flights tickets and rises on cigarettes and gasoline prices ranging from 4% to 100% in the case of train tariffs.

Starting on Thursday tickets for the suburban San Martín trains, from Retiro to Pilar, cost a 100% more. The subsidized SUBE minimum fare is now 2 pesos and 6 pesos for passengers without SUBE.

Gasoline prices went up 3,8%, on its fifth annual raise. YPF Premium gasoline is now 12,39 pesos while YPF Súper is 11. (Almost a dollar and a half). The latest increase follows on the 5.4% increase in April; 6.1% in March; 6% in February and 7% in January.

Meanwhile, domestic flights’ tickets increased by 12%, under a resolution by the Transport Secretary, representing the first adjustment in fares since December 2013.

Cigarettes prices for brands distributed by Massalin Particulares increased by 20-25%. A pack of Marlboro is now 15 pesos (25% raise) and Philip Morris are 14 pesos a pack (21,7% increase).

Categories: Economy, Politics, Argentina.

Tags: Argentina, gasoline price.

Top Comments

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Conqueror
Hello, argieland. CFK can't see a way out. Is she going to pay off your debts? Or is she going to steal more millions for her “retirement”? The world needs a new law. So that she has no hiding place. Take her. Take her money. Put her in an 8ft x 8ft cell. Throw away the key!
May 02nd, 2014 - 11:38 am 0
yankeeboy
Yeah and inflation is 2.7%/mo. sure it is.
I wonder how much the avg Rg likes that the gov't controls YPF now and has more than doubled gas prices since they took over.
Seems like the only people doing well are the La Campora people running the very companies causing harm to the population.
I wonder how long that will last.
Filthy scumbags need to be in jail or hanging from a lamp post.
May 02nd, 2014 - 11:54 am 0
CabezaDura2
2

I would like to agree with you but no, amazingly they do still believe seizing YPF was a good idea even though they disagree with the way they did it, as if by more educated manners when seizing a private company would have spared the country of compensation. (?)

The problem with most of the people Ks and none Ks is that they still believe fervently in huge Statist monopolies running what they regard as key pillars of the economy. Just like Aerolineas, people simply preffer to think that they can take La Campora out and Recalde and that it will be all peaches and cream. They still have a mind and a view of things that is blocked in the 1940s and 1930s.

In other forums like this and in my own day to day discussions I have being trying to explain this. They just dont get it.
May 02nd, 2014 - 12:06 pm 0

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