Mariano Ricciardi, economist: "April inflation will be between 2.7 and 3%"

On CNN Radio Argentina, economist Mariano Ricciardi addressed the inflation data and the end of the currency controls. On CNN Primera Mañana, he stated that "the very high 3.7% in March, above the expectations of consulting firms and the market, was due to a seasonal factor, and education had risen 21 percent, which will generate a statistical impact on April's inflation." He emphasized that "after the end of the currency controls, with devaluat…

The Centro de Almaceneros de Córdoba reported that the price hike in April reached 3.4% according to its surveys in the shops. "It has to do with the partial departure of the exchange rate quota that generated a devaluation of between 8% and 10%," said the owner of the entity, Germán Romero in front of the Canal 10 chamber. When evaluating the behavior of different products, Romero said that the meat rose 8% while the oils, dairy and flour deriv…