The University of Torcuato Di Tella has released a study on inflation expectations, and it predicts a rate of 170% in the coming year. A new survey found that Argentines predict inflation to be 170.8% next year, which is down over 60 percentage points from the previous forecast made a month ago. The Universidad Torcuato … Read more
In his first full month in office, President Javier Milei proceeded to impose portions of his shock therapy economic strategy, which resulted in a monthly slowdown in Argentina’s consumer prices. January’s inflation fell to 20.6 percent from a month earlier, little less than the 21 percent predicted by economists. Prices increased by 254.2 percent from … Read more
Private estimates agree that prices are likely to rise 20% in the first quarter of 2022, with inflation set to accelerate next month, pushing Sergio Massa’s stated 3% target for April way out of reach. Food prices in Argentina shot up again in February, overheating the consumer price index and pushing the national government further … Read more