Inflation will enter a downward trajectory after May

Inflation will enter a downward trajectory after May

Countries around the world are facing economic crises with rising inflation. According to the advisor for Strategic Affairs at the Ministry of Economy, Adolfo Sachsida, inflation in the United States is the highest in the last 40 years; Germany, from the last 30; and England faces the worst inflation crisis in 10 years. The statements were given in an interview with the program Brazil on the agendagives TV Brazilwhich airs this Sunday at 7:30 pm.Inflation will enter a downward trajectory after May

According to Adolfo Sachsida, the phenomenon also affected Brazil, which ended the year with official inflation of 10.06%, well above the target which could vary up to 5.25%. Even so, 2021 inflation was below the rate recorded in 2016, the advisor said. According to Sachsida, inflation is currently at its peak, which should last until the end of May and, after that period, will enter a convergent path towards the targets.

During the interview, the advisor to the Ministry of Economy also commented on the growth of the Brazilian Gross Domestic Product (GDP), which stood at 4.6% last year, surpassing that of countries such as South Korea, Germany and Japan. According to him “it was a great victory for economic policy”. According to the advisor, the result proves the “V” resumption of the economy defended by the Minister of Economy, Paulo Guedes.

Adolfo Sachsida also spoke about the resumption of job creation. Last year, 2.7 million jobs were created. According to him, the Brazilian is getting back to work. “We are talking about the biggest public health disaster in the last 100 years. In such an environment, unemployment worldwide has increased,” he said. According to the advisor, in Brazil it has already returned to pre-pandemic levels. “All this because we took the right set of economic actions to preserve jobs.” He cited the Emergency Employment and Income Maintenance Benefitin which the government helped companies keep workers, in addition to credit programs.

The full interview can be found on the program Brazil on the agendawhich airs at 7:30 pm on TV Brazil.

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