Minutes after it was known that March inflation was 7.7%, Gabriela CerruttiSpokesperson for the Presidency, expressed herself on her social networks and was the first member of the Government to react to a number that will mark the political and economic agenda for the coming days.
“The number we see today represents the worst moment of the impact of the war in international prices and the worst drought of history in the country. We know, it hurts us, it occupies us, how it affects daily life and each family”, Cerruti began.
And he completed: “We are redoubling our efforts, convinced that the path is to sustain the growth and order that we are achieving. And we know that most analyzes show us that this was the worst moment and a downward trend began that we hope to see reflected soon”.
The data officially published by INDEC this afternoon once again marked a increase compared to the previous month, when the record was located at 6.6 percent. Thus, the quarter will close with accumulated inflation above 21.7%, and will reach the 104.3% for the last 12 months.
The increase in food and non-alcoholic beverages (9.3%) had the greatest impact in all regions. Within the division, the rise in meat and derivatives stood out. In turn, although to a lesser extent, the increases in vegetables, tubers and legumes stood out, followed by milk, dairy products and eggs; and finally by fruits.
After the announcement, the entire opposition arch criticized the government’s economic policy in harsh terms. They also came to the crossroads of the Spokesman’s explanations.
“It was not the pandemic, it was not the war, it was not the drought. It was you with the issuance and uncontrolled spending. take charge”, answered the head of the bench of deputies of the PRO, Christian Ritondo.
The Minister of Economy, Sergio Massa, is in Washington, United States, where he is conducting a series of meetings with officials from the IMF and the World Bank. He has not yet commented on the inflation data.
Massa yesterday announced credits for USD 1.1 billion: USD 600 million from the IDB for issues related to health, and USD 500 million from the Saudi Fund for Development, for infrastructure.
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