💨 Abstract

Economist Mariano Ricciardi discussed Argentina's economic situation and recent government measures on CNN Primera Mañana. He anticipated a sustained deceleration in inflation for May, potentially below 2%. Prices, particularly in food and electronics, are trending downward, with some sectors experiencing deflation. This shift follows a price correction after the lifting of currency controls. However, Riccadi noted concerns from the latest bond auction, which showed high inflation and devaluation expectations.

Courtesy: WTOP Staff