Buenos Aires, March 13 (NA) - Amidst the consolidation of the monetary program, the Minister of the Economy, Luis Caputo, ratified that inflation will break the 1% monthly threshold during the second half of this year. Following the conclusion of Argentina Week 2026, the official analyzed current indicators and international market expectations, assuring that the price dynamics will converge to global standards 'sooner or later.' Recent data published by the National Institute of Statistics and Censuses (Indec) placed February's inflation at 2.9%, replicating the value recorded in January. 'We are continuing to do our homework: there is no fiscal deficit and monetary policy is consistent,' he stated. Despite acknowledging concern over current levels, the minister dismissed the specter of stagflation, citing records from the Monthly Estimate of Economic Activity (EMAE), which —in his words— are at record levels, indicating a recovery with a positive slope. The success of Argentina Week in New York and Miami has been interpreted by the Ministry of Economy as a certificate of international confidence. The delegation, which included twelve provincial governors of various political leanings, managed to capture the interest of over 400 investors and top executives. The minister also addressed the increase in family delinquency, which peaked at 9.3% in December 2025, attributing this phenomenon to a 'spillover' from last year's speculative attack and interest rate hikes, but expressed optimism that the decline in inflation and the normalization of banking terms will adjust households' financial situation. Finally, the head of Economy minimized the media controversies surrounding the trip of Presidential Spokesman Manuel Adorni, deeming them 'irrelevant' to public management as they did not represent a cost to the national treasury. For Caputo, the real obstacle remains the resistance of political sectors that, in his view, installed a 'defeat psychosis' after the Buenos Aires elections to force portfolio dollarization and destabilize the disinflation process.
