Alberto Fernández spoke of “psychological inflation” in small merchants

2023-05-12 12:46:19

President Alberto Fernández insisted once more this Friday with his idea that in the country there is a “self-constructed inflation” and pointed out that the phenomenon translates into “psychological inflation” in small merchants.

“In the month of April we had a currency run that took the dollar from 460 to 500-something and in a week. This price increase operates in the heads of Argentines, as if the entire increase is going to affect prices. Afterwards, prices do not go down ”, he began by saying in an interview with Radio 10.

He stressed that “there are many causes” of inflation and assured that one of them “is speculation.”

“When I talk regarding self-constructed inflation, I mean psychological inflation, which is not in the consumer. It is in the small merchant, ”he said.

Alberto Fernández and a nod to Massa

In another section of the interview, the President winked at Sergio Massa.

“We have 33 months of consecutive growth in registered employment, also growth in the industry. We have a finance minister who keeps the economy running,” he maintained.

Alberto Fernández: “A more orderly country”

President Alberto Fernández said this Friday that he needs to “leave the next president a more orderly country” and stressed that “despite all the impediments we had, the country is growing.”

”I know what a presidential campaign is, you have to dedicate a lot of time to it, it is a singular physical wear and tear. I need to leave the next president or president a more orderly country, ”she said in statements to radio 10, regarding his decision not to run for re-election.

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