Inflation in April was 6% and in the last 12 months it has accumulated 58%, the highest in 30 years

The National Institute of Statistics and Censuses (Indec) announced Thursday that the diversity of The Consumer Price Index (CPI) for April is 6% and so far this year it has accumulated 23.1%.

Interannual variation climbed to 58%, the highest in the past 30 years. In January 1992, the same variable became 76%.

April’s figure is just embarrassing March inflation which registered an increase of 6.7% and thus raised the Consumer Price Index (CPI) to 16.1% in annual accrual and 55.1% in interannual variation.

According to the INDEC report, inflation in April was driven again by Non -alcoholic food and beverages, which registered an increase of 5.9% monthly. Although it had a decrease compared to March, it was the category with the largest impact in all regions.

Within this category, the largest increase occurred in Oils and Breads and Cerealswhich increased between 8% and 15% depending on the region, followed by Meat and derivatives and Dairy, with increases between 5% and 7%. “These factors are the most affected by the increase in international prices of basic commodities in recent months, due to drought, but also to the war between Ukraine and Russia,” said the Ministry of Economy.

The category with the most increases is Clothing and footwear (9.9%)followed by Restaurants and hotels (7.3%) Y Health (6.4%).

According to the Survey of Market Expectations (REM) conducted by the Central Bank among financial market consultants, which is one of the last known in this regard, it showed that the estimate of retail inflation for April is located at 5, 6% . Forecasts fell.

REM, made at the end of April at 41 entities, also projected inflation of 65.1% for the full year, 5.9 percentage points above the estimate they made at the end of March.

Guzman expect a “lower” inflation on Tuesday than in March, when participating in an event organized by the United States Chamber of Commerce in Argentina (AmCham).

For the head of the Palacio de Hacienda, inflation is a “historical problem” in Argentina, driven by a range of factors that drive the “restless and restless” economy.

In this sense, he urged to “attack the multiple causes” that constitute it, because “the short -term is of little benefit if later we find ourselves again with restrictions and new crises.”

The acceleration of inflation in conjunction with the interior being lived in the Presence of Allstrictly focused on the differences that exist in the direction of the economy that the Government should take.

The differences can be seen in the figure of the Secretary of Internal Trade, Roberto Feletti, a leader close to Cristina Kirchner, who targeted Guzmán for raising prices.

“Obviously we’re not working miracles. The baskets have worked and the reference prices have improved, but it’s not enough,” Feletti stressed when asked about the re -launch of Care Prices, one of four regulated programs that he advances. prevent price increases.food.

Following Feletti’s statements, the Economy Minister assured that “inflation is one of the priorities of economic policy.”

The data, in addition, was released in the middle of the Federal Piquetero March, which had one of its columns, the one that started in the Constitución area, that stopped at INDEC headquarters to protest against the impact of the high rate. inflationary in the pockets of the most needy.