Martín Redrado: "The devaluation will have a 60% impact on prices in six months."

On CNN Radio Argentina, Martín Redrado, economist and former president of the Central Bank, spoke with Nacho Girón about the latest economic measures and current events. Speaking on CNN La Mañana, regarding the economic outlook following the end of the currency controls, he stated that "the end of the currency controls is a step toward normalcy; it leaves companies with no exchange rate freedom. It's another step toward normalizing the economy."…

After knowing the data of the Consumer Price Index (CPI) of March, which marked 3.7%, a strong rise with respect to February, and the change in the exchange rate system implemented by the government, the expectation about the next measurement grows.The economist Gustavo Lazzari analyzed the conjuncture, celebrated the step taken towards the "open economy" and rested on the issue. "Inflation is closer to 1% than 3%," he said in view of the coming…

For 750, the vice president of the Chamber of Distributors and Self-Service Wholesalers, Armando Farina, explained what were the foods that increased most rapidly after last Friday's announcements.

Last Monday’s devaluation impacted on various prices of the Argentine economy. The costs again suffered an abrupt alteration and different sectors began to analyze how they will transfer this gap to consumers so that the business remains profitable. This is the case of bakers, who saw the value of flour and margarine climb in a matter of days and prepare new uploads that would be around 10%. “In flour we talk about an increase of between 15% and…

Francos, to the Congress. The devaluation goes to the prices. The province of Buenos Aires will prohibit in some schedules two people to circulate on a motorcycle. The Judiciary has confirmed the prosecution of Alberto Fernández. March of retirees with company. Report on record climate in Europe. Japan negotiates with the United States. 1. Management report At 14.30, the Chief of Staff, Guillermo Francos, will return to the Chamber of Deputies t…