Argentina accumulates in April an inflation of 8.5% in dollars

The economic policy, and in particular the management of the exchange rate, add two problems: inflation and the exchange delay. It was shown that the "exchange anchor" was a failure, since the rise in prices in pesos continued on its way as if it did not exist

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 . . .

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