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An entrepreneur’s complaint about inflation: “For us it is impossible to work predictably”

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An entrepreneur's complaint about inflation:

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Marcelo Salas Martínez, of the coffee franchise chain that bears his name.

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The Argentine business community also echoed the May inflation rate, which stood at 5.1% and represented a year-over-year change of 60.7%.

Whoever spoke harshly on the subject was Marcelo Salas Martinezowner of a chain of coffee shops Martinez coffee. On his Twitter account he talked about the need for entrepreneurs to have predictability in order to operate.

“Inflation It’s an illnessone of the worst things that can happen to a country “, said the entrepreneur on his social networks.

And he added: “It is impossible to think that in a country with 60% annual inflation, businessmen can do it work predictably.

The post ended with another complaint. “The worst is the deterioration of people’s wages !!!! Very serious!”Wrote Salas Martínez, who made his surname synonymous with the coffee franchise.

another private entry who came out at the crossroads of inflation was to Manuel Tagle, president of the Cordoba Stock Exchange. “5.1% was inflation in May while the blue dollar breaks a record and reaches $ 224. The shares are still in effect and rates are still lagging,” he analyzed.

And in a post on his Twitter account, he concluded: “A very sad prognosis for a country that hesitates to take the right steps to reverse course.

According to INDEC, “the increase in food and soft drinks (4.4%) was the one that had the greatest incidence in all regions. Within the division, the increases in Meat and derivatives stood out for their greater impact; milk, dairy products and eggs; and Bread and cereals “.

In turn, “oils, fats and lard; Sugar, candy, chocolate, candy, etc .; Coffee, tea, yerba mate and cocoa; and mineral waters, soft drinks and juices were those with the greatest increase; while vegetables, tubers and legumes have registered declines in most regions, “they added in the agency.

Marcelo Salas Martínez, managing partner of the Café Martínez franchise chain.

Marcelo Salas Martínez, managing partner of the Café Martínez franchise chain.

The opposition echoed the inflation and an Albertista was confident

PRO and UCR leaders and lawmakers voiced concern and criticism of the government over the inflation rate released on Tuesday.

María Eugenia Vidal asked the government for explanations on the new index. “60.7% of the accumulated inflation in the last 12 months and the government committed to change the design of the banknotes. What is your business plan President @alferdez? Can you explain it to us? “

“The 5.1% in May confirms Argentina among the countries with the highest inflation in the world amidst a hasty flight of country risk and the collapse of debt securities in pesos. It’s a checkmate for the government’s financial program. It is the result of the “platita plan”. Irresponsible, “Radical MP Mario Negri wrote on his Twitter account.

Patricia Bullrich gave her own interpretation of the May inflation rate: “In other words: more poverty, less investment, less work, more uncertainty. Why don’t they try to have a plan or, better still, to govern?”

From the ruling party, however, the leader Luis D’Elía, today in dispute with Cristina Kirchner and friend of Alberto Fernández, had a positive reading of the figure.

“Inflation for May 5.1% (-0.9% compared to April) at this rate in August inflation will be 3.2%”, the presidential militant left with particular hope.

And then he was more confident: “With Paritarias on average at 60% we are facing a strong recovery in wages”.

D’Elía concluded his tenure with congratulations on the account managed by the President. “Excellent @alferdez”, he was ingratiated

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Source: Clarin

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