The Government will release the inflation data for January and after the 25.5% jump in December, driven by the 54% devaluation, the market made its forecasts for the Consumer Price Index (CPI). This is the expectation.
The National Institute of Statistics and Censuses (INDEC) will release the inflation data for January this Wednesday, February 14 and, after the jump that took that index to 25.5% in December, driven mainly by the 54% devaluationthe forecasts for January indicate that the Consumer Price Index (CPI) would be around 20%.
Some consulting firms estimate that the figure will be between 19% and 20%, while others place it in the range of between 20% and 22%.. The coincidence found in all cases is to point out that it will continue to be high, but somewhat attenuated compared to December’s data.
Inflation: what the most optimistic projections say
For example, the C&T consultancy, by Camilo Tiscornia and María Castiglioni, projected a price increase for the first month of this year 19.6% and they pointed out that there is a “deceleration that began the last week of December and continued throughout the month of January”. In turn, they pointed out that in twelve months the increase was 242.2%, marking a strong increase in line with what was expected.
In a similar vein, from Freedom and Progress Foundation They predicted that the CPI will be 19.4%.
Many expect a data more similar to the December CPI
Meanwhile, in Eco Go, led by Marina Dal Poggetto, They expect that last month’s inflation revealed by the INDEC will be around 21.2%.
For its part, from the consulting firm Analytica, run by Ricardo Delgado, predicted that January inflation was around 22%.
Source: Ambito
