The president, Javier Mileihighlighted the drop in inflation and assured that “unlike other programs” He does so without hyperinflation, tariff increases, the Bonex Plan, price and exchange rate controls. The statements come after the wholesale inflation rate reached 2.1% in August, according to the INDEC.
“INFLATION IS GOING DOWN AND unlike other programs, it is being done WITHOUT: 1. Hyperinflation that liquefies real balances 2. Expropriation like the Bonex Plan 3. Price controls 4. Fixing the exchange rate And it is working despite: 5. Recomposition of tariffs. THE END,” wrote the president on the social network X.
The day before, it was learned that wholesale inflation slowed to 2.1% monthly in August, the lowest level since May 2020This decline was mainly due to the fall in international prices in the agricultural and energy sectors, and to the current rate of adjustment of the official exchange rate (“crawling peg”) that the Central Bank (BCRA) has been defending since January.
The INDEC reported that the Domestic Wholesale Price Index (IPIM) recorded its most limited variation since the worst moment of the Covid-19 pandemic, when trade, both locally and globally, was paralyzed. In July, the benchmark had registered an increase of 3.1%.
Federico Furiasean economist member of Minister Luis Caputo’s team and director of the BCRA, said that the data responds to the “2% monthly crawl functioning as a nominal anchor, in the context of a fiscal surplus and strict control of the amount of money, while rates are corrected and real wages are recovered.”
He particularly highlighted the disinflation in primary products of local origin. agricultural products, Prices went from increasing 7% in July to 2.5% in August, while the slowdown in oil and gas It ranged from 3.3% to 1.8%.
Milei gathered the “87 heroes” who supported the veto and asked to maintain unity to defend the Government’s course
The President Javier Milei entertained on Tuesday night with a roast in the Olive Farm to the deputies that shielded the veto to the pension reform. The president acted as host at the presidential residence, while a protest by retirees was taking place outside.
In this context, he asked them to remain united from now on. “Let’s all form a scrum together,” said the Head of State when speaking from the official residence.
The legislators participated in the dinner officialists, the members of the block PRO and a group of radicals, although, according to this media, they were not present four of the five deputies of the UCR who helped turn the result around in the venue. Only Mariano Campero attended.
In addition to the President and his sister Karina, the Chief of Staff also participated, Guillermo Francos; the head of the Chamber of Deputies, Martin Menem; the Minister of Security, Patricia Bullrich, and the spokesman Manuel Adorni, inter alia.
The ruling party was present Alberto “Bertie” Benegas Lynch, Oscar Zago and Carolina Piparo, All of Freedom Advances (LLA), as well as Cristian Ritondo, Fernando Iglesias, Silvia Lospennato, Diego Santilli and Hernan Lombardi, among some representatives of the PRO.
The deputy Zago, of the Integration and Development Movement (MID), spoke before entering the barbecue. “I brought my debit card, I’m on a diet, but I’m going to pay anyway.”he said to Lautaro Maislin, C5N reporter.
Christian Ritondo, President of the bloc PRO In the House of Representatives, upon his arrival at Quinta de Olivos he also responded to a question from Maislin on whether they will support a possible presidential veto of the university financing law approved by Congress last week. “No, we are still discussing it,” he said.
Source: Ambito
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