Matías Kulfas assured that inflation "is one of the most important concerns of the Government"

Waiting for the INDEC (National Institute of Statistics and Censuses) to publish this Thursday the figure with April inflation, Matias Kulfas He assured that this “is one of the most important concerns of the Government.”

The Minister of Productive Development He also indicated that, unfortunately, this is a problem that the country has been facing for more than a decade, so Matias Kulfas the way out is to control prices and generate employment.

Matías Kulfas assured that inflation "is one of the most important concerns of the Government" — In March inflation reached 6.7%.

“It is one of the most important concerns that we have in the Government; it is a problem that unfortunately already has 15 years of history”assured Matias Kulfas in dialogue with National Radio.

The minister also explained that a phenomenon of high inflationary pressure is being experienced worldwide, derived from the coronavirus pandemic and currently due to the conflict between Russia and Ukraine.

The war triggered prices in international markets.

“Due to the external phenomena of the pandemic and the war in Ukraine, there is a new inflationary pressure that has increased it. At a global level we are seeing a phenomenon that was not seen before”.

The president added that this situation has even affected nations that have historically had good levels of inflation, “countries that had inflation close to zero, it has multiplied by up to 10 times.”

New increases will come in the coming months.

Along these lines, faced with the proposal of some sectors such as Together for Change to dollarize the country so that the economic situation improves, the minister replied that it is an “unfeasible” initiative and a “magic solution” to a very complex problem.

Matías Kulfas spoke about how inflation would come in April

the minister of productive development, when asked about the inflation outlook for April (which will be published today), indicated that it will be lower than in March, a trend that they also expect to continue in May.

The minister assured that the country seeks sustained growth in its economy.

“That is what we have been waiting for and we also hope that there will be a more pronounced drop in May,” he said, although he did not dare to give an estimate.

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