The opposition sharply criticized the government for high inflation in April
A wide range of leaders have linked rising prices to a “paralyzed government” and a “selfish and pathetic” official domestic government.
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After reviewing the April inflation rate, which was assessed by INDEC 6%The opposition came out this afternoon to sharply criticize the government’s economic management. From radicals Mario Nigri ი Alfredo Cornejo until Maria Eugenia VidalVia “Lilito” Hernan Reyes And the left-wing leader Miriam BregmanA wide range of leaders have linked rising prices to a “paralyzed government” and a “selfish and pathetic” official.
“Purchasing power is declining”He pointed out Black Via his Twitter account. Along this line, the UCR National MP said the government “could not win a single round”. He shared the official graph, which shows the annual inflation rate (58%) and the accumulated annual rate (23.1%).
For his part, the former governor Vidal Pointing to Frente de Todos’s monetary policy, he said: “Release fighters do not generate inflation until they reach the highest annual inflation rate in 30 years.” And completed: “Giving a small car to try to win the election is not free”.
Avanza Libertad MP Jose Luis also spoke in this regard, saying ironically: “It seems that ‘multitasking’ would not happen.” “Factory from poor to full “And all for ignoring science and reality, which say that inflation is a monetary phenomenon,” said the economist on social media.
At the same time, the legislator of the Buenos Aires Civic Coalition, Hernan ReyesHe noted that Argentines are “selfish and pathetic” hostages of domestic power, “when we see how not only we are getting poorer, but also We are witnessing the destruction of our currency“.
Who also missed the opportunity to criticize the government was the leader of the Left-Unity Front. Miriam Bregman. “The national government makes economic growth its central discourse when what is growing, given the numbers shown, is Profit of the richest And businessmen, “he said in a statement IP News.
The index-calculated CPI gained a 23.1% advance in the first quarter of 2022. And reached 58% in twelve months. This is the worst rate since January 1992 (76%), up from 57.3% in May 2019. Core inflation – which excludes regulated and seasonal prices – rose by 6.7%, two points more than last year and even in March. Food increased by 5.9%, slowing down from the previous 7.2%.
Source: La Nacion
Roy Brown is a renowned economist and author at The Nation View. He has a deep understanding of the global economy and its intricacies. He writes about a wide range of economic topics, including monetary policy, fiscal policy, international trade, and labor markets.
