Sebastián Auguste, director of the UTDT Finance Research Center, said that “the expected inflation registers a new drop in our October measurement.”
In October, The inflation expected by the population for the next twelve months registered a drop of 10.1 percentage pointsaccording to a private measurement. Which meant that it went from a value from 64.6% in September to 54.5% this month. According to the median, October’s expected inflation drops to 40%.
This was reported by the Finance Research Center (CIF) from the Business School of the Torcuato Di Tella University presents the results of the Inflation Expectations Survey (EI) for October 2024.
Inflation: forecasts for the coming months improve
Sebastian Augustedirector of the Finance Research Center of the UTDTmaintained that: “Expected inflation registers a new drop in our October measurement, based on data collected between the 2nd and 15th of the current month. The average recorded value for expected inflation for the next 12 months is 54.5%. “This month maintains the decreasing trend that began in January, with the exception of June, which had reported a small increase.”
The expert also revealed that in October the inflation expectation decreased for the three regions. In September, the average inflation expectation for the next 12 months was 63.5% in GBA, 62% in CABA, and 65.6% in the Interior of the country. This month, they fell to 57.7%, 61% and 51.8%, respectively.
Auguste also said: “During the month of October, behavior registers differences between households of different educational levels. However, these differences were reduced compared to September, reaching a gap of only 3 percentage points compared to the 6.7 pp of the month. previous. For higher-income households, inflation expectations went from 62.2% in September to 55.6% this month. For low-income households, expected inflation went from 68.9% in October to 52.6% this month“.
Finally, he concluded: “Regarding the measurement of monthly inflation, Since May 2023, the survey has included a question about what respondents expect from prices for the next 30 days.. According to this measurement, the expected average in October is 5.43%, when in September it was 7.52%.”
Source: Ambito
I am an author and journalist who has worked in the entertainment industry for over a decade. I currently work as a news editor at a major news website, and my focus is on covering the latest trends in entertainment. I also write occasional pieces for other outlets, and have authored two books about the entertainment industry.
