“Redrado started with 6% inflation and it's already fourfold higher”

Llach criticized subsidy policy applied by government.

The economist Lucas Llach stated that, when current director of Argentine Central Bank (BCRA) Martín Redrado took office, inflation settled at 6 per cent and now it is already fourfold higher. The expert forecasted that "price growth threshold for 2007 would hit 20 per cent" and criticized government's subsidy policy.