The Government anticipates that April inflation will be above 4%

The Government anticipates that April inflation will be above 4%

“Inflation in April will be high, it will be above 4%,” acknowledged Matías Kulfas. Official sources consulted by Ámbito completed the analysis: “We are seeing a very strong inertial component that is difficult for us to break. The slowdown is going to happen but more slowly than we expected, that’s why we are promoting a policy focused on strengthening revenues.”

The private surveys are in tune with the projections received by officials. The last report by the consulting firm Eco Go, led by Marina Dal Poggeto, estimates inflation of 5.7% for the month April, with food and beverages growing 6.5%, well above the rest of the categories. This item in the last four weeks shows an average variation of 7.2%. Meat, pasta and dairy products appear as the products with the greatest advances.

The Scalabrini Ortiz Study Centershows an advance in the prices of the 4% in the last four weeks. Fresh foods reflected a rise of 5.2%, cleaning products a jump of 5%, beverages rose 4.9% and dry foods 3.6%. Among the largest increases, fish stand out, with the impact of the rise that occurred during Holy Week, when they increased by 8.7%.

the consultant Ecolatina collected similar data. The inflation projection above 5%, with food and beverages rising at a rate of 5.6%. In addition, they detected a strong boost in regulated prices due to the impact of increases in prepaid and telephony, among others.

In the Government they consider that in May the effect of the trusts will begin to be perceived more clearly fundamentally linked to flour and its derivatives. They also point to a reduction in the imported inflation component. With this scenario, they expect an increase in prices that is significantly lower than that which occurred in the first three months of the year.

Source: Ambito

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