Javier Milei celebrated the slowdown in inflation in January: “We continue making history”

Javier Milei celebrated the slowdown in inflation in January: “We continue making history”

The President Javier Milei celebrated this Thursday the new data of inflation Extended by the National Institute of Statistics and Census (INDEC), which placed the January index by 2.2%. “We continue to make history”he said and criticized the “Econochantas”.

“Today, January inflation was known. It was 2.2%. It is the lowest level since 2020, that is, the lowest inflation in the last five years. In addition, if the effects of pandemic are cleaned He had artificially depressed, is the lowest since 2018, “said the president in a video posted on his Instagram account.

“In addition, the inflation in goods was 1.5%, that is, where the effect of the backward rates left by the previous government, if you look at the basic basket, it was 0.9%, that is, in Assets and basic basket, Argentina has a deflation in dollars since the ‘Crawling Peg’ was at 2%, “added in this line.

Finally, the administration that heads again highlighted. “Therefore, We continue to make history. We are the best government in history. Bad that despite him ‘Econochantas’ and to the set of Mandriles They want Argentina to go wrong, “he said.

In another publication in the social network “X”, Milei celebrated more effusivity the data of 2.2% of INDEC and congratulated the Minister of Economy, Luis “Toto” Caputo. “VAAAAAAOAMOOOOOOO TOTO … !!! ipc January 2.2%. End,” he said.

In parallel, the head of the Palace of Finance also celebrated the January index. “2.2% is the lowest inflation in almost 5 years. Assets 1.5% basic basket 0.9% The disinflation process continues,” he said.

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Inflation is slowed: January closed at 2.2%, below the market expectation

The inflation broadcast this Thursday by the INDEC reflected a price deceleration to the 2.2%, After the small monthly rise he experienced in December (2.7%). As reported, it is a number that is located below what the market expected.

The consultants and financial entities that participated in the Survey of market expectations (REM) Prepared by the Central Bank (BCRA) in January, they estimated a 2.3% price increase for the first month of the year, when in December they expected 2.5%.

With the increase of January, the year -on -year variation was 84.5%according to the measurement of National Institute of Statistics and Census (INDEC). This is the first Consumer Price Index (CPI) two -digit year -on -year since January 2023.

Source: Ambito

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