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Government expects April inflation to be high: “It’s not going well,” says Matías Kulfas

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The Government expects inflation to be high in April:

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Matías Kulfas said the Executive did not expect “a pronounced decline” in the April price index. Photo: Juan Manuel Foglia / Archive.

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After knowing the inflation index for March, 6.7%, the Minister of Productive Development, Matías Kulfas, expects this Saturday that the inflationary perspective for the month of April “not beautiful”because “there will be no clear denial”.

April inflation was not good“, highlighted Kulfas in radio statements AM750despite the fact that days ago the spokeswoman for the Presidency, Gabriela Cerruti, stressed that it would be “somewhat less” than in March.

At his regular conference every Thursday, the speaker specified: “We understand, according to March inflation, that in April should be a little less. That doesn’t mean it’s not a problem. “

In this framework, Kulfas clarified that they did not expect “a pronounced drop.” “In May that will happen”, he pointed out. And he explained: “It’s a complicated moment, but one that’s inevitably better than what we’re experiencing in the midst of a pandemic or in 2018 and 2019. The economy is recovering.”

“Obviously, inflation is strong againparticularly because we have our own problems and have also added to international inflation, which is hitting the whole world, ”he said.

"The economy is recovering," Kulfas emphasized, acknowledging that "inflation has hit hard again."  Photo: Juan Manuel Foglia.

“The economy is recovering,” Kulfas emphasized, acknowledging that “inflation has hit hard again.” Photo: Juan Manuel Foglia.

In addition, the minister acknowledged that the fact that “inflation is rising again is shaping up in many sectors. anxiety and discomforts“, and added:” We share them. So we reacted, so the reopening of parity, so the bonuses for the informal sectors. “

“Is a economy that is in an undoubted process of reactivation. We are at the lowest level of unemployment in the last 6 years, poverty is falling and production is reactivating, ”he stressed.

Development news.

LGP

Source: Clarin

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