The blue dollar continues to set new records, wheel after wheel despite falling inflation for the second month in a row. For this reason, this medium contacted the economist, teacher and director of the consulting firm Sarandi, sergio hutwho explained about his son The keys to evaluate the Argentine economy.
Regarding the June ICP, the interviewee commented that, “we expected a slightly higher number, we need a number slightly below 7%.” “We are talking about a 2 point slowdown between May and June, which is slightly significant.” In addition, “little changes based on the structural evaluation that can be made of the inflationary process,” she points out.
“We are still in a process of high inflation or super inflation”said the interviewee. Then he asserted: “Welcome to this second month of slowdown, If this continues for several more months, we can talk about a process change but we have to wait.”
Along the same lines, Chouza said that “in order to break these bizarre processes, one should go for a pure and hard certainty program, with measures of the macro order and, above all, marked a normalization of the exchange market, which today is the one with the greatest number of inconsistencies you generate.” For this, he said that it is necessary “trust and it is done when a government is just beginning, not when it is ending”, express.
For the economist, the Government is being able to control the currency market, mainly the MEP dollar, but “The key is to close a good agreement to close the dollar segment with the Monetary Fund“.
Regarding the rise of the dollar, according to Chouza: “For now, it is not necessary to set off the alarms regarding the increases, because if the evolution of the financial dollars or the free dollar is compared with inflation, it is still appreciated“. That is to say, “the person who bought dollars last year paid an opportunity cost for not paying those pesos at the interest rate or not getting on an instrument that adjusts for inflation.”
In this sense and to conclude, the economist said that in regards to the evolution of prices, “the value of the dollar is still behind.”
Greece’s islands combine exceptional cultural and natural heritage with acute economic vulnerability. Roughly 200–250 islands…
Bio-manufacturing uses living cells, enzymes, or biological systems to produce materials, chemicals, foods, and medicines.…
Olivier Rousteing stands as a pivotal figure in the contemporary fashion landscape, steering the renowned…
Cristóbal Balenciaga, often referred to as “the master of us all” by Christian Dior, radically…
Neural Processing Units, commonly referred to as NPUs, are purpose-built processors engineered to boost artificial…
The circular economy is a systemic approach to economic development designed to decouple growth from…