The March inflation was 3.7%according to the Consumer Price Index (CPI) published on Friday, INDEC and in the first three months of the year accumulates an increase of 8.6%. Thus, the accumulated of the last twelve months reached 55.9%.
According to INDEC, “the division of greatest increase in the month was education (21.6%), with increases at all educational levels by the beginning of the school cycle. It followed food and non -alcoholic beverages (5.9%), mainly due to increases in vegetables, tubers and legumes and meats and derivatives.” The core CPI, which does not take into account seasonal or regulated values, showed a rise of 3.2%. Seasons exhibited an 8.4% increase in the month.
The rise in prices of food It affects the lower income sectors. While food prices increase food companies win millions: in 2024 only Arcor and Molino won together $ 315,587 million.
Prices reheated amid the exchange tension and negotiation with the IMF. The purchasing power of wages, of retirement collapsed under this government and still does not recover everything lost. Arriving at the end of the month is an impossible mission. Meanwhile Milei and Caputo impose salary roofs in the peers below inflation. For example, for state workers on Friday, a rise of 1.3% monthly was agreed in March while inflation was 3.7%. Measures such as An emergency increase for formal, informal, unemployed and retirement workers And for automatic update against inflation, no one can gain less than the basic basket costs.
The fund is expected to announce this Friday the agreement with the government and speculate with a new exchange scheme that will imply a devaluation. This will cause prices to increase and a new blow to the pocket. The agreement must be rejected with the IMF and mobilize due to the sovereign ignorance of the debt.
The unemployment of Thursday 10 showed that the working class has the strength to propose to defeat Milei’s plans and the great employers. But, for that, it is necessary that these days are not isolated, but Demand the continuity of a struggle plan, in the perspective of the general strike, to defeat attacks and impose our measures.
They were shot the official inflation (which undervalue the real) to 3.7% in March, before the devaluation that comes from the hand of the agreement with the IMF. While the only ones increase that they homologate in parity are 1.5% down. Salaries are still the adjustment variable … https://t.co/qqcad0enyf
— Christian Castillo (@chipicastillo) April 11, 2025
Source: www.laizquierdadiario.com
