President Alberto Fernández said this Friday that inflation in Argentina is “an endemic evil and has been in double digits for 15 years,” in an interview published in the newspaper Le Monde.
“When I came to the Government it already reached 54%. What Europeans experience is also experienced by us, but obviously it happens in an economy that is already very down, so the effects are much worse,” assured the President.
Fernández’s statements from Paris come after this Thursday the National Institute of Statistics and Censuses (Indec) announced that the consumer price index rose 6% in Aprilseven tenths below the 6.7% registered in March.
“In Argentina it has structural causes. Also during the epidemic we issued money like many other countries. And above all this, there is war!”
“This was also the subject of my conversations with European leaders,” said the Argentine president.