This was expressed in dialogue with “Good Day Santiago” Juan Costa, sociologist and economic analyst and researcher at the Center for Political Economy.
During a chat with Radio Panorama the investigator of CEPA, john coastconsidered that the current inflation numbers revealed “remain high but with a downward path, closely linked to the evolution of international food and energy prices that jumped due to the situation of Russia y Ukraine“.
He also considered that “inflation is no longer an Argentine phenomenon but a problem in many countries of the world, such as Brazil, USA o Chile. Argentina It suffers more because it already had a high rate of inflation”.
“The main problem of the government is the shortage of dollars by the BCRA that makes everyone question the ability of the Government to hold the coin. The situation had stabilized quite a bit, with a dollar ironed for several months. Part of the market started to invest in inflation-linked instruments, but if the exchange rate slows down and moves, the market tries once more to move to the dollar, which is what we saw last week,” he analyzed.
Coast added that “the situation is not simple” and anticipated that “it is likely that in the second semester the situation will worsen because the instability of the situation will be added to the seasonality of the second semester. In that sense, the situation is delicate and the government must take measures.”
When asked regarding these measures, he finally considered that decoupling prices would be wise. “as is done with withholdings or export quotas.”
“In our country when we talk regarding retentions things get tense. It is a tool that is used in many countries but from the agrarian conflict of 2008 was very sensitive“, said.
