As of April 1, there will be a 6.7% increase in public transport fares in the Buenos Aires Metropolitan Area (AMBA). This is the second application of a new monthly update formula that will apply until June and is adjusted based on the inflation index for Greater Buenos Aires published by INDEC.
The Ministry of Transport takes the Consumer Price Index (CPI) corresponding to February -which was 6.6%- as a reference to update the increases planned for April, so that the minimum bus ticket in the AMBA from fourth month of the year it will cost $39.58 and the train cost will range between $19.22 and $24.88, depending on the line.
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The updates that are adjusted for the inflation index were made official by the Government at the end of the year. As provided, this new monthly scheme will be applied from March to December 2023, taking into account the General Level Consumer Price Index of the Greater Buenos Aires Region surveyed by INDEC. Then, the next increases will be set on the basis of the CPI of two previous months. That is, the transportation rates in May will be adjusted with the index corresponding to March.
How are the rates of the minimum bus ticket in the AMBA in April 2023
The minimum bus ticket in the Buenos Aires Metropolitan Area (between 0 and 3 kilometers) will cost $39.58 in April.
Also read: From the war against inflation to the triple-digit number: the long road of rising prices
The updated prices of the bus ticket as of April. (Photo: Argentine News).
How are the minimum train ticket rates in the AMBA in April
Miter Line: the minimum will cost $24.88. Sarmiento Line: the minimum will increase to $24.88. San Martín Line: the minimum will cost $24.88. Roca Line: the minimum will cost $19.22. Belgrano Sur Line: the minimum will cost $19 22. Urquiza Line: the minimum will cost $19.22. Belgrano Norte Line: the minimum will increase to $19.22. Coastal Train: the minimum will cost $24.88.
The prices of the train ticket from April 2023. (AP Photo/Victor R. Caivano) By: AP
Also read: Food inflation in February was 9.8%, the highest in the presidency of Alberto Fernández
As confirmed by the portfolio led by Diego Giuliano, the new price update formula will also be implemented in regional and long-distance rail services.
How are the rates of the subway and premetro tickets
As of Tuesday, March 7, the subway and premetro increased. The first will have four increases during 2023 and the second will rise twice. This will be the increases:
Subte: it went to cost $58 in March, it will go up to $67 in May, then to $74 in June and finally it will reach $80 in September, a rate that will remain until the end of the year. Premetro: it went up to $20 from March to June and in September will hit $28.
In any case, the 55% discount for beneficiaries of the Social Rate of the SUBE card will continue to be valid, that is, the minimum ticket goes to $16.78.