Dujovne said that inflation would drop "in May or June"



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The Minister of Finance of the Nation, Nicolás Dujovne, badured that inflation would be much lower in "May or June" and that the rise in prices this year "will be lower than in 2018." He also claimed that the economy "had hit a bottom" at the end of last year, so that she has already begun a "gradual" recovery of its indicators.

During a meeting with Argentine journalists in Washington, DC, the day after his meeting with Christine Lagarde, IMF director, and after learning that inflation had risen 3.8% in February Mr Dujovne said that the peak price rise in September, due to the strong devaluation of the peso, goes "to lower levels", so that "undoubtedly the inflation of 2019 will be lower than that of 2018 ".

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"We are still digesting the price transfer of the exchange rate depreciation of last year.We are in the first 4 months of the year, with the modification of the regulated utility services and the l 39; Beef price evolution has also played an important role that has also influenced the price index, so we maintain our vision that in 2019 it slows sharply compared to 2018. "he added in an interview published by Clarin.

At the same time, he stressed that, in the national government, "we believe that this process will be more visible once the price of regulated prices has ended, as it happened in 2017", added to other factors "surprises", From "May or June, we think that inflation rates will be much lower".

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