From Eco Go They calculated that September inflation would be 2.4% monthlyAlthough they clarified that the data “is still preliminary and is subject to modifications.” They explained that the surprising defeat of the national government “It impacted fully on the markets, collapsing the price of Argentine assets and tractioning upward dollars.”
For that reason, they argued that “although the news is still recent and there are no data on the impact on prices, They consider a certain transfer of not quickly anchoring expectations “.
The roof that puts the activity
Consulted by Scopethe main economist of LCG, Melisa Salaalso raised the possibility that the inflation It is above 2%, although he said that “You have to finish seeing how the market reactsSeptember just begins. “
“There will surely be more pressure on prices, but not as much as in other previous corrections. The activity is very depressed and Import discipline They involve a concrete brake on any margin recovery, “he explained.
Similarly they expressed themselves from Balances In its latest report: “Economic activity, which already had recessive signs, will accentu We do not see that inflation goes far from 2% in which it is moving today“
Market expectations
In that line, said the director of ANALYTICS, Claudio Capraulo: “It is still early to finish understanding the impact of the electoral result on the economy, among other things, because the economic team still did not communicate changes to the new scenario.”
The expert explained to this media that “although the ‘Pass Through‘It’s low, Given the disagreement of expectations can rise again“On that point, in the last Market expectations survey (Rem), which took place between August 27 and 29, The market consensus was that September inflation would be 1.8%.
August inflation: above 2%?
This Wednesday at 16 the Consumer Price Index (CPI) August. In the event that the figure is again located below 2%, it will be the fourth consecutive time. In this sense, for the consultant C&Tinflation was 1.6% during the past month, while ANALYTICS He estimated at 1.8%.
For its part, in LCG They projected 2% inflationas well as Balances and the Freedom and Progress Foundation. From Orlando Ferreres & Associates August inflation was 2.1% monthly. This is the same number that estimated the average of the experts surveyed by the REM.
Source: Ambito
