Gabriela Cerruti published a video to explain the reasons for high inflation in Argentina

2023-04-20 22:21:00

The presidential spokesperson Gabriella Cerrutipublished a video that caused controversy on his Instagram account in which he explains, according to his criteria, the reasons that lead to the rising inflation ratewhich in March was 7.7 percent, according to the National Institute of Statistics and Censuses (INDEC).

«The truth is that Argentina came with a very high inflation. Macri ended with inflation of 53 points, very high, and the pandemic caught us “begins Cerruti.

«In Argentina and around the world it had to be broadcast a lot to be able to sustain everything, the vaccines, the social policies, everything that was done,” he added.

Along those lines, he continued: “The pandemic ends and the war begins. This means that (had to allocate) 5 billion dollars to pay for energy that it was very high and very expensive, because Ukraine, the war with Russia and everything else ».

For Cerruti, when Argentina began to “get out of that”, in reference to the pandemic and war, and following improving the indices, he asked himself: “What happened? The drought”. “What is drought? When we talk regarding the climate crisis we talk in general, (but) in Argentina it was the biggest drought since 1920“, explained the official.

“They tell us that the trend is beginning to change and that next month there would be a slowdown once more,” he reported. Finally he said: “We put all our effort every day so that the situation improves,” stressed the spokeswoman for President Alberto Fernández.

Inflation shot up to 7.7% in March, the highest in a year and above what was expected by private consultants, and accumulated a 104.3% rise in the last twelve months, reported INDEC. In the first quarter, prices rose 21.7%, more than a third of what was projected by the Government for all of 2023.

The photo of Alberto Fernández with Sergio Massa

In the midst of rumors of a possible departure from Sergio Massa as Minister of Economy, Gabriella Cerruti published a photo of the official with the president Alberto Fernandez.

“Internal Fierce”wrote the presidential spokeswoman ironically next to the image of Massa and Fernández.


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