“Argentina is a building in ruins, with creaking foundations, peeling walls, leaky roofs, broken and rusty pipes, missing bricks and the only thing the government can think of is to paint the walls,” said political analyst Alejandro Irkin.
“The government has decided to print 1 trillion pesos since it lost the PASO with the aim of turning it around and has left the country and its citizens offside. Inflation shot up again in September, it looks the same in October and At this rate of printing, we will close 2021 at a rate of 40% per year; the same inflation that Chile had in the last 12 years combined“he added.
“As price fluctuations are repressed through controls, quantity adjustments are amplified. This is what will have to happen if the government persists with the latest announcements linked to the price freezing of a wide list of products and experiences show it. from previous years, “said Fundación Mediterránea.
“The idea of freezing (of prices), as the word itself says, is an idea that goes against any dynamic process, which is the history we live through and therefore is an improper claim., especially when one does not have sufficient authority so that whoever should be frozen, accept it and validate it, either by a prior agreement or by an acceptance, “economist Carlos Leyba said in radio statements.” My concern is that We are coming to the end of the year and we all know that we are in a very worrying, very dramatic social situation and any incitement to find guilty, you know that it always ends very badly and that is my concern, “he added.
“We once again propose that although the measures (that limit imports) may have the positive impact of allowing the accumulation of reserves, there is a double risk: on inflation and on (economic) activity,” estimated the settlement agent and Neix compensation.
“EIn the coming months, we expect that spending on energy subsidies will be a determining factor of the deficit in the second semester, given that no new increases are expected for households, which could be tempered by increases to businesses and industry.s “, said the consultancy ACM.
“The maximum prices take us back to the problems that we already saw with the INDEC (official statistics entity), they did not work before and it is very likely that they will not work now. However, the market does not seem to be seeing risk, and that is why the Bonds CERs (inflation) are not suffering yet. In fact, the market still considers them a great refuge, there is a great demand for these types of instruments, “said Ariel Manito, from Portfolio Personal Inversiones.
“High-frequency data accompanied by a persistent fiscal and monetary expansion lead us to prefer inflationary and exchange-rate hedging strategies,” said the SBS Group. “In the coming months it will be key that the agreement with the IMF can be finalized and, in this way, renew the positive expectations that impact the prices of dollarized bonds“said Noelia Bisso of Rava Bursatil.
“As long as the imbalances that today discourage capital inflows are not resolved, the only alternative to do so is to increase export volumes, a task that is still pending,” said the consulting firm Ecolatina.
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