Analysts raise inflation expectations in Argentina to 72.6% in 2022


23192447The monthly report of market analysts of the Central Bank of the Argentine Republic indicated on Friday (3) a jump in inflation expectations retail in the country, projecting an index of 60, 6% for the entire the year of 2022, 7.5 percentage points above the previous measurement. This forecast, included in the Market Expectations Survey (REM, for its acronym in Spanish) report published yesterday, corresponds to the analysis of the last week of May of 2022.23192447
Analysts’ forecast on price developments in retail to 23192447 was also increased in relation to the previous month’s survey, moving to 60%, reflecting an increase of 9.5 percentage points.
Thus, inflation expectations moved further away from the ranges of
In this sense, market projections also diverge from the agreement with the IMF, which predicts that Argentina’s GDP, which grew , 2% last year, will increase by 4% this year and 3% in 1280, according to the World Economic Outlook report last April.
In addition, for December
, experts project a nominal exchange rate of 214,58 pesos per dollar, well above the value of 120,48 pesos per dollar at the close of this Friday in the official wholesale market in Argentina.