The spokesperson for the Presidency, Gabriela Cerruti, was the first government official to give her opinion after knowing the data of inflation March that climbed to 7.7%. The data released by the National Institute of Statistics and Censuses (INDEC) reflects a rise compared to the previous month that was 6.6%.
“The number we see today represents the worst moment of the impact of the war on international prices and the worst drought in history in the country,” The official wrote through her social networks.
Cerruti pointed out that the number of inflation of prices is a fact that “hurts” them and “occupies” them as a government because they know how it affects the daily life of each family in the country.
The presidential spokeswoman acknowledged that the analyzes show that “this was the worst moment and that a downward trend began that we hope to see reflected soon.” “We are redoubling our efforts, convinced that the path is to sustain the growth and order that we are achieving,” he said.
With the published data from INDEC, the quarter will close with a inflation higher than the accumulated 21.7%, and will reach 104.3% in regards to the last 12 months. He increase Food and non-alcoholic beverages had the highest incidence in all regions.
On the other hand, meat and derivatives showed a significant increase and the division with the highest increase in the month was education, corresponding to increases in all educational levels.
“It was not the pandemic, it was not the war, it was not the drought. You were with the issuance and uncontrolled spending ”, he replied to Cerrutti, the head of the bench of deputies of the PRO, Cristian Ritondo. “Take charge,” he added.
The Ministry of Economy expects the inflation number to drop in April
From the economic portfolio commanded by Sergio Massa they anticipate a lower number for this month. However, private measurements show percentages above 6%, which suggests that annual inflation will be higher than 100%.
