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Sergio Massa has summoned his team and they are working on measures to contain inflation

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Even though it had been known for several days that the April inflation data released on Friday would be high – they gave 8.4% compared to the already very high 7.7% in March -, Sergio Massa has decided to assemble his own team this Saturday evaluate the measures

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Already on Friday, José Ignacio de Mendiguren, the Minister of Industry, had announced that the Minister of Economy would start working on inflation this Saturday. Before the INDEC announcement, the “Basque” had said: “Everyone is talking that it will not be a good index and we will take care of it. Tomorrow Sergio (Massa) will go into action, as it always has“he told El Destape Radio.

When asked by clarionDe Mendiguren only hinted that the measures they were working and that nothing could be foreseen.

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Sergio Massa conducted a meeting with his team this Saturday, following Friday's 8.6% inflation figures.

Sergio Massa conducted a meeting with his team this Saturday, following Friday’s 8.6% inflation figures.

The meeting that Massa convened this Saturday at the Ministry of Economy was attended by De Mendiguren himself and, in addition, by his second Gabriel Rubinstein; Chief Advisor Leonardo Madcur; Treasury Secretary Raúl Rigo; and Finance Eduardo Setti, who has also been in charge of the Central Bank’s money table since the bullfight at the end of April.

The head of the Central Bank, Miguel Ángel Pesce; that of AFIP, Carlos Castagneto; that of customs, Guillermo Michel; from INDEC, Marco Lavagna; and Matías Tombolini, head of the Internal Trade Secretariat and creator of Fair Prices, and his deputy Germán Cervantes.

Also present at the working meeting were the Minister of Agriculture, Juan José Bahillo; the Secretary of Energy Flavia Royón and Ricardo Casal, Legal Secretary of the ministry.

They were all in the photo released by the ministry, without giving further information.

Source: Clarin

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