Although the inflation in April (6%) it was lower than the historical figure for March (6.7%), private consultants forecast that the number will remain high in May, with a floor between 5.2% and 5.6%.
This, since the price index would again be impacted especially by the increases in food, which in the last week marked an increase of 2%, with which the inflation May could be higher than expected.
About, the Minister of Economy, Martín Guzmán pointed out in dialogue with C5N that the inflation in May “it is slowing down”; however, he clarified that it is still too early to estimate a figure.
The most worrying thing is that, despite the measures adopted by the Government, the increases scheduled for the coming months will complicate the outlook much more and will accelerate the price index again.
This is if we take into account that in June energy, gas and water rates will rise by more than 20%, with which the accumulated annual inflation is estimated to easily exceed 70%.
In this sense, both the Government and the private consultants agree that only after July could we speak of a figure close to 4%; however, things can change at any time.
More if it is considered that the impacts on the global economy due to the war in Ukraine will last between 12 and 24 months, according to specialists. Even Santiago Cafiero pointed out that there will be a food crisis in the coming months.
What marked the April inflation
According to the latest report from INDEC (National Institute of Statistics and Censuses), the price index in April it was impacted by increases in clothing, which had an increase of 9.9%.
Also, increases were seen in the category of hotels and restaurants (7.3%), health (6.4%) and food (5.9%), for which the Government is looking for all kinds of strategies to contain prices. .
