After learning that July inflation was 6.3%according to INDEC, is that you look at them They are focused on what will happen with the August measurement. Far behind was the image of last month since it still The STEP that gave Javier Milei from La Libertad Avanza the winner had not happened as a candidate for president nor the BCRA had made the decision to devalue the official currency by 22%, and set the official exchange rate until October.
Eight consultants relieved by Ambit establish that August inflation would be between 10% and 15% per month. For GCL could be located between 12 and 15%at the same time Econometrics evaluates that the measurement will be in the eleven%a vision they share with Ferreres and Eco Go. For balance the IPC could score between a eleven% and a 12%.
From roman group they assure that it could be close to 10%. Finally, another consultant assured, in offthat the measurement is projected onto 14.3% although they considered that still It is too recent to measure August. From C&T they preferred not yet disclose data.
Lautaro Moschetteconomist at the Freedom and Progress FoundationHe opined: “For August we expect a strong acceleration. The increase in taxes on the dollar at the end of July implied an acceleration in the first days of the month which was mainly reflected in food and non-alcoholic beverages”.
He later said that “With the 22% devaluation at the official wholesale exchange rate, a new dynamic began in the evolution of prices marking a new impulse. As if that were not enough, the increase in regulated items will also put pressure on inflation in August. With this, we hope that the next data will be located around the 9.3%”.
“In a country with high inflation, the 22% devaluation that we had yesterday is quickly transferred to prices. With this, it is estimated that in August inflation will be between 10% and 14%. Yesterday and today there are remarks 3 or 4 times on the same day on some products, as happened in 1989 with hyperinflation,” he assured. Daniel Adler, specialist in Financial Education and Entrepreneurship.
“Unfortunately, this evaluation of the official exchange rate puts us in a new inflationary regime for the second semester of 10% monthly inflation”he told this medium Alfredo Romano, Director of the economic consultancy Romano Group.
At the same time, Walter Morales, president and strategist of Wise Capitalhe said in dialogue with Scope that “the exchange adjustment of 22% is going to generate an inflation in the products of the basic basket with the food to the head”.
According to his calculations, the IPC that had a floor of between 6/7% per month and will accelerate another 6/7%. “We may have inflation of 13% in the next 30 calendar days”he expressed.
Source: Ambito
