Within this framework, he recognized that there may be more inflation due to the double game between reducing the fiscal deficit by reducing subsidies and relative price corrections. “We are in that situation, where there are still corrections and they give us these inflation numbers. We are going through a difficult time and unfortunately it is not over.”
For his part, in a more colloquial way he referred to the term “crash” in analogy to the economy. From this point, he stated that “crashing did not happen” but that “from then on the car works well and goes forward, there is a long way to go.”
The economist who is in dialogue with Massa and Rubinstein, however, stressed that “there are fiscal and monetary numbers that are improving”, “relative prices are going to rise and that unfortunately will bring more inflation. I think 60% inflation is possible It probably depends on us.”
How do you see the economy in this election year?
In another segment of the interview, regarding the debt in pesos, he revealed that he had a dialogue with some leaders of Together for Change and that not all of them have the same position that was reflected in the statement. For the analyst, based on the possible scenarios, “the best scenario is that confidence is achieved, this means lifting the stocks but it will not be possible to do it all at once. Leaving behind all the price corrections to improve efficiency and competition.”
“If one does not think in the medium to long term, it will go from urgency to urgency,” he admitted and closed: “Today it seems to me that the conditions for a shock are not there.”
Source: Ambito
