As for inflation, according to economists, the year will end with an accumulated inflation of 97% once again, far from the Government’s forecast of 60% as indicated by the National Budget. This is an increase of 1.7 percentage points compared to the previous survey.
But there were differences between consultants. Those that anticipated lower inflation set a base of 75.6% (such as Fitch Solutions), followed by the EIU (76.1%) and Credit Suisse (79.6%). The most pessimistic with a 117% CPI are EFMI, EcoGo and C&T Asesores Económicos.
REM data
In the Market Expectations Survey (REM) published by the Central Bank in January, analysts estimated monthly inflation of 5.6% for January-2023 (close to the data published yesterday by INDEC) and inflation for the entire year. year of 97.6%.
Regarding the dollar, the REM analysts forecast the nominal exchange rate at $192.30 per dollar on average for February 2023 and those who more accurately forecast this variable at short-term horizons projected that the average nominal exchange rate for the same period is located at $192.16/US$. Thus, the expected monthly variations are 5.5% and 5.4%, respectively.
Source: Ambito
