Private consultants anticipate that the inflation June will be high again, since, due to increases in food prices, the deceleration trend of April and May would have stopped.
This, given that, for the sixth month of the year, retail prices rose between 5.2% and 5.5%, which, added to the increases in health, education and other items, the price index it would be above 5.3%; which, in turn, puts more pressure on the inflation of July.
In this way, the accumulated of the inflation so far this year it will be around 34%, which would complicate the outlook for the Governmentwho, despite the measures taken, has not been able to contain the escalation of prices.
According to projections ranging from 5.2% to 5.5%, increases in public services, prepaid, and the rise in fuel, again affected the income of Argentines.
In this way, the consulting company EcoGo projects a inflation 5.2%, while C&T calculates 5.35%, Analytica estimates 5.4% and Fundación Libertad y Progreso forecasts 5.5%.
With these figures, the year-on-year price index will exceed the 62% estimated by the Government and the effectiveness of the economic plan advanced by Martín Guzmán will once again be questioned.
It should be remembered that, after the data for January (3.9%), February (4.7%), March (6.7%), April (6%) and May (5.1%), so far of the year, the accumulated increase over the price index it is 31%.
What raises will come in July
Despite expectations, it is expected that for the second half of the year, the CPI will accelerate again, this, given that in July there will be increases in water, public transport, rent, prepaid and in private schools.
These increases will again put pressure on the income of citizens, who demand more effective measures from the Government, since this year, their purchasing power has only remained low.
