This Wednesday, INDEC published the April Consumer Price Index that marked 2.8%, it is a slowdown in relation to the previous month when prices reached 3.7%. So far this year the price variation was 11.6% and in the interannual comparison, the increase was 47.3%.
“The division with the greatest increase in the month was restaurants and hotels (4.1%), for rises in food and drinks consumed outside the home. It followed recreation and culture (4.0%), mainly due to increases in recreational and cultural services. The division that recorded the greatest incidence in all regions was non -alcoholic foods and drinks and eggs and bread and cereals, ”said the report.
#DatoINDEC
Consumer prices (#IPC) They increased 2.8% in April 2025 compared to March and 47.3% year -on -year. They accumulated an increase of 11.6% in the first four -month period https://t.co/negtu1gvbz pic.twitter.com/ZfZpMza6hp– INDEC Argentina (@indecargentina) May 14, 2025
These figures, presented by the President as proof of the “success of economic policies”, continue high. Accessed by this means about the April inflation data, economist Martín Kalos said: “It remains at high levels and there are already seven months in which the government fails to break the floor of 2.5%, where inflation seems to have stagnated, and even registered 3.7% in a month. It is an excessive figure which forces to ask how the government thinks continue with the disinflation process. Especially because all doubts persist regarding the sustainability of this path in the medium term. ”And warned about 2.8 % in April that it was achieved” based on the fact that the regulated prices did not move1.8 %increased. We are talking about public services, NAFTA, private health services. “These are prices that must be currently at the rhythm of the rest of the prices and when they make it will impact.
Adjustment policies, which include cuts in public spending, subsidy reduction and freezing, have had a direct impact on the purchasing power of workers. Despite the official data, Salary increases fail to accompany the rhythm of pricesleaving thousands of families in a situation of precariousness. This pricing moderation does not impact the pockets of social majorities, as an expression of this situation we see retirees and retirees demonstrate every Wednesday by retirements that are not misery. The amount of hours worked to reach the end of the month is increasing, as well as multi -employment. The collective strike of May 6 left this situation exposed, wages that do not reach and the government’s policies to freeze parity increases.
Something not less, is that the questioning of the methodology to estimate the CPI continues to be increasing, mainly because not updating the basket of goods and services used, and in that way expenses that have gained great weight in the fixed consumption of households are underestimated. Rentals, expenses expenses, permanently updated tariffs are increasingly occupied in total income.
Milei and a celebration for the tribune
Javier Milei celebrated the inflation fact as a half -court goal and spoke again against the “Econochantas”, but the economic and exchange situation is still tied with wires. The Milei and Caputo plan has a political support from the United States government at the moment, which is not less. The IMF dollars entry, and to a lesser extent from other agencies, underpinned the central reserves and carrying some “calm” to investors. In this context, the impact on prices due to the departure of the stock of mid -April and the exchange scheme of flotation bands, was lower than expected.
Before the exchange delay and the “impossibility of the Central Bank to accumulate reservations” the director of Epyca said that these two factors “are incompatible with one with a sustainable exchange scheme in the medium and long term. And this forces to ask when these problems will correct. And that correction means a devaluation later that impacts again on an inflationary acceleration?”.
The Government won time at the expense of greater indebtedness, but failed to discourage the contradictions of the national economy. It will try to administer dollars until October, while continuing to generate conditions for financial income. Its plan is to increase the profits of companies at the same time that the adjustment on social majorities falls.
In this context, it is essential that workers organize to resist these policies. The requirement of an emergency increase for wages, retirements and social programs, which raises the minimum to the value of the family basket, is an urgent measure. The non -payment of the external debt with the IMF is essential to end the national decline.
Source: www.laizquierdadiario.com
