After knowing the figure with the inflation April, Martín Guzmán summoned businessmen to “de-index” the economic expectations for the following months, when prices are expected to fall.
Although the government projects that the price index slow down from May, the head of the Treasury will meet with different businessmen to analyze the prospects for the inflation.
This, given that, despite the fact that in April there was a drop in the inflationthe 6% that it marked was higher than what was projected, since a floor of approximately 5.5% was expected.
Under this line, businessmen forecast that May, even June will be very similar, given that the effects of the war in Ukraine on prices in international markets will still be seen.
Thus, The Government plans to be able to create a consultation table in order to define strategies to contain prices; In addition, he does not rule out a meeting with unions to establish new agreements on wages.
In this sense, Guzmán is expected to meet at the Palacio de Hacienda with multinational companies such as: Unilever, Syngenta, Accenture, Visa, among other sectors.
In addition, the Government has the challenge of lowering inflation to meet the goals established in the economic plan with the IMF (International Monetary Fund), to refinance the debt of 44 million dollars.
What is the projection for May inflation
Although it is still too early to know how much the price index will reach in May, private consultants anticipate that it will mark a floor of 5%, this after the slight slowdown in April.
For its part, the Government is much more optimistic and projects a figure close to 4%, which will be difficult to achieve, if the constant rises in food are taken into account.
