Price speculation?: This Petro said about food costs

The Dane revealed this Friday that the Producer Price Index The annual rate was 13.17% in February 2023, a figure that represents a variation of 2.71 points lower than that presented by the PPI a year ago, during February 2022.

(Annual Producer Price Index was 13.17% for February).

Faced with this price behavior, President Gustavo Petro said this Saturday that this fall should be transferred to the consumer price, otherwise speculation would be occurring. “what needs to be controlled”

This is how he wrote it, through Twitter, where he commented on a message from analyst Jorge Restrepo.

(Annual variation of inflation reached 13.28% in February).

“Let’s hope that the inflation that decreases against the producer price is transferred to the consumer price. Otherwise we would have speculation phenomena that must be controlled,” Peter wrote.

This message was published minutes before the Dane presented the annual inflation figure, which in February stood at 13.28%.

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