The Government blamed “exchange rate restlessness” for the alarming inflation data

The Government blamed “exchange rate restlessness” for the alarming inflation data

After the dissemination of 8.4% inflation in April, the Ministry of Economy issued a statement with consideration of the Secretary of Economic Policy, Gabriel Rubenstein.

According to Rubinstein, “we also perceive that the exchange rate unease in the financial dollar markets, in the last part of the month, it prompted preventive price increases in many products and services in our economy”.

“This forced us to redouble our efforts from macroeconomics, in order to be able to specify policies that allow for the improvement of fiscal accounts, the accumulation of reserves and exchange stability, as well as strengthening the income policy, all in order to achieve better results in the fight against inflation”, added the official.

Developing…

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By Anna Edwards

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