RIO DE JANEIRO, BRAZIL - Inflation in dollars, estimating a rise in prices in April of almost 6%, is 8.5% in the four-month period, similar to that projected in the US one year from now. In pesos, it is estimated at slightly more than 24.5%. The recovery of the dollar in the last rounds prevented that number from being 10% for the quarter.
The difference is that the rise in prices for the North American Federal Reserve means a drama and in Argentina it is neglected as indicated by the latest measures adopted to expand subsidies, while Congress . . .