I think inflation will remain high for a while. Mr. Trump's war games are causing an increase in the price of basic inputs for companies, which will gradually be passed on to product prices.
More than one country will have problems. In Argentina, we are not in a good place. There is a drop in consumption and a rise in prices. Industrial companies are suffering extra from the influx of imported products. Every day, companies that had been in the market for years are closing, and jobs are being lost.
Yesterday, the financial results of Domec, a company listed on the Buenos Aires Stock Exchange that mainly produces stoves, were released. The results were very bad due to the drop in sales and the increase in costs caused by inflation.