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Marengo, Economist: "To Continue Insisting on a Devaluation to Gain Competitiveness Is to Ignore Argentine History"

Summary by KIFI
CNN Radio Argentina (CNN Radio Argentina) – Fernando Marengo, chief economist of BlackTORO, analyzed this Tuesday in dialogue with CNN Economy and News of Julieta Tarrés the current economic panorama, after the INDEC reported a 0.3% drop in the wholesale prices of May, driven by a 4.1% decrease in imported products, while the national products showed no variation. “The wholesale basket and its deflation is an inertia that has been seen long ago,…

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CNN Radio Argentina (CNN Radio Argentina) – Fernando Marengo, chief economist of BlackTORO, analyzed this Tuesday in dialogue with CNN Economy and News of Julieta Tarrés the current economic panorama, after the INDEC reported a 0.3% drop in the wholesale prices of May, driven by a 4.1% decrease in imported products, while the national products showed no variation. “The wholesale basket and its deflation is an inertia that has been seen long ago,…

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CNN Radio Argentina (CNN Radio Argentina) – Fernando Marengo, chief economist of BlackTORO, analyzed this Tuesday in dialogue with CNN Economy and News of Julieta Tarrés the current economic panorama, after the INDEC reported a 0.3% drop in the wholesale prices of May, driven by a 4.1% decrease in imported products, while the national products showed no variation. “The wholesale basket and its deflation is an inertia that has been seen long ago,…

·Idaho Falls, United States
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KIFI broke the news in Idaho Falls, United States on Tuesday, June 17, 2025.
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