ARThe market has slightly lowered its inflation and economic activity projections for this year. Inflation is now expected to be just below 30% annually, while economic growth is projected to range between 2.6% and 2.7%, down from the previously anticipated 3%-3.1%. These estimates come from the latest Market Expectations Survey (REM), conducted by Argentina’s central bank (BCRA) between July 29 and 31. The survey gathered forecasts from 45 participants regarding key economic indicators. According to the report, monthly inflation in July was estimated at 1.9%-2%, with the core inflation rate at 1.8%. Inflation is expected to decline further in August and September to 1.8% per month, then drop to 1.6%-1.7% in October and November before rising again to 1.8% in December. This would bring annual inflation to between 28.7% and 29.8%, the lowest level in nine years. Looking ahead, the market projects inflation to continue declining, reaching 21.4%-21.6% in the next twelve months and around 20% by the end of 2027. Analysts attribute this trend to slow economic growth and a controlled exchange rate, which they estimate will close the year between $1605 and $1652, significantly lower than a
Bias read (Center): The article presents economic data and projections without overtly favoring any political side. It reports on market expectations and central bank surveys, using neutral language and providing figures without commentary or ideological framing.
