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Guzman Meets French Counterpart

ARGENTINA
  • Argentina Economy Minister Martin Guzman meets France's Economy and Finance Minister to lobby for support in the country's IMF debt negotiations.
  • Argentina's inflation accelerated last month at the fastest pace in 18 months, threatening to derail a fragile economic recovery six months before key midterm elections.
    • Argentina March CPI rose 4.8% m/m vs. 4.2% estimate.
    • Argentina March CPI rose 42.6% y/y vs. 41.8% estimate.
  • Separately, Argentina to tighten beef exports to rein in inflation: Production Ministry in emailed statement.

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