Inflation will drop due to unemployment

Argentine labour leader Hugo Moyano has criticized President´s Mauricio Macri´s government heavily. Moyano said that “you must take things as they come. He has no political experience, and that makes you make those kinds of mistakes, but at this stage, it’s not surprising, and a lot less considering what is happening and without giving answers.” Moyano insisted unions in Buenos Aires may launch a national strike in the next coming days, because “everyone knew the economic situation left by the previous government was complex, with a complex social scene. Some corrections were to be done, sure, but it is unacceptable if they make these corrections immediately affecting those sectors which depend on their salaries to eat”. Moyano rejected a possible presidential veto to the labour bills. Moreover, he predicted that the economic activity will drop in the second semester of 2016, which will result in declining prices. Thus, Moyano believes that inflation will drop due to unemployment.