The reaction within the ruling party did not take long to arrive. One of the first to express himself on his social networks was the Minister of Economy, Luis Caputo, who wrote: “September recorded the lowest inflation since November 2021. “The disinflation process continues and the course of fiscal and monetary orthodoxy will not change.”
At the same time, the presidential spokesperson Manuel Adorni published: “In September 2024 inflation was 3.5%. In this same month last year the price increase had been 12.7%. Unlike those fearful times, Today we no longer suffer from compulsive price regulation“, neither the gondola law, nor the supply law, nor the exchange gap nor a dark hyperinflationary future.”
Among the deputies, José Luis Espert wrote a brief celebration: “The lowest inflation in the last three years. Let’s go.” The president of the libertarian bloc, Gabriel Bornoronianalyzed that
“the same people as always said that we were not going to be able to lower it below 4% and Today we show them how WRONG they were. This is also proof of how important it is to maintain fiscal balance. “We must take care of what we achieve to continue defeating inflation.”
From the PRO, Patricia Vazquez stated: “GOOD NEWS! INFLATION 3.5%; Insaurralde to investigation and evaluation for public employees. RIGHT PATH!” “Keeping the helm steady is what makes the effort worth it. What each Argentine is doing to get ahead. Let us not retreat from populism ever again,” he said. Silvana Giudici. “Inflation continues to decline, but it is also being pushed up by the regulated, that is, everything that Kirchnerism had stepped on and had to be honest about,” he added. Damián Arabia.
In the Senate, one of the expressions that were read were those of the libertarian Bartholomew Abdala: “We know that there is still a lot to do in terms of the economy, but the numbers show that we are on the right path.” On the other hand, the legislator from the Civic Coalition was critical. Graciela Ocaña: “They pat each other’s backs watching a number go down, but do theyWhat use is that number in people’s lives if it is not enough for them to buy anything? and see how, day by day, their purchasing power decreases?”
September inflation: Javier Milei’s message
Through your X social network account, Javier Milei He replicated the positive reactions to the inflation index and considered that “it looks tremendous and is tremendous.”
“Inflation going down without first going through a hyper; without expropriation of assets; without fixing the exchange rate; without controlling prices; recomposing relative prices. You have never seen inflation fought like this before. It takes a little longer but it is genuine“he said.
A typical family needed $964,620 to not be poor in September
The cost of the Total Basic Basket (CBT)which measures the poverty line, increased 2.6% in September. In this way, youA “typical” family needed $964,620 to not be considered poor.
According to data published this Thursday by the INDEC, both the CBT and the Basic Food Basket (CBA)which is used as a threshold to evaluate indigence, rose below general inflation, which in the ninth month of the year was 3.5%. In order not to fall into destitution, the same family mentioned above, composed of a 35-year-old man, a 31-year-old woman, a 6-year-old son and an 8-year-old daughter, required an iMinimum income of $428,720.
Source: Ambito
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