What did the Government say after the CPI data for January?

What did the Government say after the CPI data for January?

As detailed, while in January the CPI rose 6.0% compared to December, the “regulated” segment marked an increase of 7.1%, “seasonal” 7.9%, and the core CPI (without regulated nor seasonal), rose 5.4%.

“The macroeconomic fundamentals, basically fiscal, monetary and exchange policies, would be consistent with monthly inflation rates of 4% or less,” Rubistein said in a statement.

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The official also highlighted the “very important incidence of inertial aspects, linked to the high degree of prevailing indexation” and that, for this, “price agreements, which register a high degree of compliance, will allow us to continue fighting the high factors present inertials”.

“We continue working from the macro and from the micro, so that inflation drops significantly, and we hope that, towards the end of the year, the CPI will be close to 3%, with inflation in the year around 60%“, concluded the secretary of Economic Policy.

Source: Ambito

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Lisa HarrisI am an author and journalist who has worked in the entertainment industry for over a decade. I currently work as a news editor