The International Monetary Fund (IMF) estimated for Argentina an annual inflation that will be between 18% and 23%. This was announced on Tuesday Pierre-Oliver Gourinchas, an official of the International Credit Agency, who also announced that a growth of the country’s economy of 5.5% by 2025 is expected, according to the forecasts.
Thus, according to the update of the World Economy Perspectives (World Economic Outlook) report of the IMF, it is expected that “Inflation at the end of this year is between 18% and 23% annual ”, At the press conference provided from Washington.
IMFIs Annual Inflation of between 18% and 23% by 2025 foresting for Argentina
The Government, in the draft of the early year budget, estimated to close with a price rise around 18.3% and a 5% growth, in line with the estimates of the fund.
Meanwhile, the set of economists participating at the REM projected an inflation of 27% for the entire current year. Meanwhile, for the next 12 months he expects the index to accelerate its march at a rate of 20.8% per year.
The economist of the multilateral organism continued to praise the performance of the stabilization program implemented by highlighting that “The Argentine economy is experiencing a strong recovery. Without a doubt, it is a very positive evolution “
He explained that these results are supported by “Improvements in trust, credit, real wages.” I point out that this was possible thanks to “A very successful disinflation process, with inflation that is expected that at the end of this year it will be around 18 % -23 % per year “concluded their comments on Argentina by highlighting that” it is a very solid context for the Argentine economy, and that strong recovery comes after a very difficult 2024 year. “
It should be noted that the growth estimated by the IMF for Argentina is higher than the general average of the region. Latin America will have an expansion of the economy of 2.2% and in 2026, 2.4%.
Returning to Argentina, Gourinchas previously recalled that the IMF growth projections for this year were not modified with respect to April estimates. It should be noted that the agency estimates a growth of 5.5% and that by 2026 forecasts a slowdown of a point. 4.5%.,
Weo update projects a 3% world growth expansion for the current year and 3.1% in 2026 ..
Source: Ambito
