A New Dynamic

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A New Dynamic

Second week
April 2023

March’s 7.7% inflation print was not only slightly higher than what Econviews and the rest of the market expected, but a shock to the system. It was a strong blow to the government's policy and strategy. This number will not be innocuous for Sergio Massa's shares in the Frente de Todos board. But this transcends politics. In our opinion, this installs a new dynamic.