The National Institute of Statistics and Censuses (Indec) will announce this afternoon the variation of the Consumer Price Index (CPI) for September, after showing a rise of 7% in August. According to the Survey of Market Expectations, carried out monthly by the Central Bank, inflation in September would have reached 6.7%, while analysts forecast 100.3% for the entire year.
The president of the Central Bank, Miguel Angel Pesce, affirmed last week that it is possible to comply with the 60% inflation guideline contemplated in the 2023 Budget project, because for next year “an external shock is not expected nor are they expected sharp changes in the exchange rate”.
For her part, the managing director of the International Monetary Fund (IMF), Kristalina Georgieva, stressed yesterday in Washington the need to “control inflation” in Argentina.
“We cannot allow inflation to become a runaway train,” warned Georgieva, who stressed: “Our commitment is to the Argentine people and what they hope is that their government really takes very seriously the need to control inflation, to reduce it and offer a platform that accelerates growth. And that’s what we support in our program.”
👉🏼 The Consumer Price Index #CPI measures the average evolution of the prices of a set of goods and services that represent the consumption expenditure of households residing in a given area. pic.twitter.com/hFC4H5eMLp
— INDEC Argentina (@INDECArgentina) October 13, 2022