The National Institute of Statistics and Censuses (Indec) will report on Tuesday, February 14, the evolution of the Consumer Price Index (CPI) for January.
The data published today by the Central Bank correspond to the survey carried out between January 27 and 31, which had 40 participants, including 26 local and international consultants and research centers and 14 financial entities from Argentina.
In the first survey of the year, Analysts estimated full-year inflation at 97.6% YoY, which was 0.9 percentage points lower than the previous forecast.
On the other hand, they estimated a growth of Gross domestic product (GDP) for 2023 of 0.5%, the same result as the one made in December, and 1% for 2024.
The analysts of the financial market also estimated that during this month the Bablar rate of private banks will be located at 69.39%, slightly lower than the average rate of 69.47% registered during January.
As for the wholesale nominal exchange rate ($/US$) monthly average of business days was located at $182.24 per dollar during January. The forecast of those who responded to the REM indicated a monthly increase of $10.05 (+5.5% monthly) per dollar to $192.30 in February.
Analysts also estimated a open vacancy rate of 7.8% for the fourth quarter of 2023 (0.3 pp more than the previous REM) and 7.8% by the end of 2024 (0.2 pp more than the previous one). Until the third quarter of last year, the latest data published by the National Institute of Statistics and Censuses (Indec), unemployment reached 7.1%.
Source: Ambito
