This was reflected in the latest report prepared by the Finance Research Center (CIF) of the Business School of the Torcuato Di Tella University, presenting the results of its usual Inflation Expectations Survey (EI).
In January 2024, the inflation expected by the population for the next twelve months registered an increase of 4.1 percentage points, going from a value of 225.9% in the month of December to one of 230% in January. According to the median, the expected inflation in January remains at the 150% observed in December 2023.
This was reflected in the latest report prepared by the Finance Research Center (CIF) of the Business School of the Torcuato Di Tella University presenting the results of its usual Inflation Expectations Survey (EI) January 2024, this means a drop of 1.93 percentage points compared to the value of December, which was 27.96%.
GEidJ56W8AALrvK.jpg
Sebastián Auguste, Director of the UTDT Finance Research Center, said that: “According to our January measurement, based on data collected between the 2nd and 10th of the month, the inflation expected by the population for the next 12 months is 230% in January, according to the average, above the recorded in December 2023, which was 225.9%“.
In the January measurement there is an increase in uncertainty, reflected in the great dispersion of responses.”
Inflation expectation by region
According to the locality where the respondent resides, annual inflation expectations are higher for the City of Buenos Aires (246.7%), for Greater Buenos Aires it is 214.2% and 236.1% for the Rest of the Country . In recent months, the suburbs have systematically shown lower expectations than the rest”
Inflation expectation by educational level
By educational level, in January a reduction in the expectations gap. In recent months, individuals with lower educational levels systematically reported lower expectations. This remains true in January 2024, but the gap narrowed due to a jump in expectations. annual inflation of individuals with a lower educational level, which went from 188.2% in December to 210.8% in January. For individuals with a higher educational level, the January value was 240.5%, somewhat lower than that registered in December of 242.6%.”
Source: Ambito
