In 2019, 161 countries will have less inflation than Argentina during the first two months of the year

High inflation is a sad Argentine custom. Not only that, in addition to the historical account, it is a hot topic of the situation that worries more and more all the Argentineans, because it has a direct impact on their pockets and the price of food, as well as on the government of Cambiemos, who has not mastered the rising prices.

The truth is that the problem has been overheating since the currency crisis last year. The annual figure for 2018 (47.6%) was the highest since 1991 and The figure of last month, 2.9%, was a surprise for locals and foreigners.

So, so far this year, the cumulative price increase is 6.8% and is already higher than IMF estimates for 2019 for 161 countries, on a total base of 225 nations and regions that falls under the governing body Christine Lagarde.

In addition, last month alone, the country had the same inflation, 3.8%, that the Fund estimates for the world average in 2019.

According to the Fund's projections, the countries with the lowest inflation for the 2019 total it will be Senegal, Thailand, Barbados, Brunei, Ecuador, with less than 1% per year.

At the other end of the list, they "lead" Venezuela, with a huge "symbolic" figure of 10,000,000; South Sudan, with 91.4%; Sudan, 49.2%; Iran, 34.1% and the fifth, Argentina, with an estimate of 31.7% until October 2018. A country in extreme crisis and, for many terminals; two who are at war with each other and a theocracy in constant tension with the West are those who "win" Argentina (and Syria for which there is no published data). In addition, the 34.1% forecast established by the Fund five months ago is already old for many local badysts.

In addition to the countries mentioned, only 11 other countries will experience double-digit inflation in 2019: Liberia, Yemen, Libya, Turkey, Angola, Uzbekistan, Egypt, Congo, Nigeria, Sierra Leone and Haiti.

"Inflation in Argentina has exceeded 20% per year in 12 of the last 20 years and has been below 10% in just 17 out of the last 75 years – is going through an unprecedented crisis," he said. Guido Sandleris today, after the announcement of the figure last month.

"Even when these numbers are frustrating, they should not discourage us. The other Latin American countries, which are currently experiencing low inflation, have gone through prolonged periods of high inflation and have managed to overcome it. Take the case of Brazil, Chile, Colombia, Mexico, Peru and Uruguay, "he said.

The decline in inflation is the main mission of this central bank, said the official who has tightened its monetary policy. He thinks it's a way out of the top of the list of countries in the world where inflation is the strongest.