In addition, financial market agents raised their inflation estimate for the entire year to 76%.
These results were the product of the survey carried out by the BCRA between June 27 and 30, before the former Economy Minister resigned, Martin Guzman.
In it, forecasts from 38 participants were considered, among whom were 26 local and international consultants and research centers and 12 financial entities from Argentina.
The Minister of Economy, Silvina Batakisavoided making an inflation projection for the current year, pointing out that “it would be very unprofessional for me to risk today saying what the inflation projection is in this unprecedented situation of global imbalance.”
At a press conference given last Monday, Batakis stressed that, due to Russia’s invasion of Ukraine and rising commodity prices, “we are in a totally different situation than a situation where one could make projections inflationary”.
Source: Ambito
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