Buenos Aires, April 1 (NA) – Inflation in March points again to the 3% zone, without showing the deceleration desired by the national government. In this way, the first quarter closes with an increase in the cost of life close to 9%, when the national budget states that for the whole year it should be 10%. Private reports are consistent in a rise in prices due to what happened with food, fuels, and tariffs. The official data from INDEC will be released on Tuesday, April 14, according to the Argentine News Agency. The government lowered the price of biodiesel to mitigate the increase in gasoil. For the consulting firm Libertad y Progreso, March closed with 2.9%, which brings the quarter to an increase of 8.9%, while the interannual rate is 31.9%. “For April, the main risk lies in the speed at which the pass-through of fuels is transferred to the general basket via transport costs,” warned Julián Neufeld, economist at the foundation. According to Analytica, last month ended with 3% inflation, with food at 0.3% in the last week of the month, the same as Eco Go's estimate. Meanwhile, Econoviews calculated that the price increase in March reached 3.4%.
