Argentina Economists See a 1% Quarterly Contraction
20 Articles
20 Articles
Consultants expect a GDP contraction of 1% in the third quarter, and higher inflation than in August.The dollar and rates would remain stable.
They estimate that inflation would remain stable at below 2 per cent per month but not much lower, which would make it close the year to 30 per cent, just below the year 2025.
According to the Fiscal Council (FC), the economic growth forecast of 2.0 percent instead of the previously planned 4.1 percent included in the bill amending this year's budget law is at risk from external economic and geopolitical tensions, rising energy prices, and a severe domestic drought. This slowdown is partially offset by rising real household wages and the associated strong consumption.
Analysts consulted by the Central Bank of Argentina estimate that GDP has fallen by about 1% in the third quarter compared to the previous quarter. If confirmed, it will be the second consecutive quarter of withdrawal, i.e....
The gurus of the city confirmed in their projections what was already circulating in many private sector private advances: that the economy would have gone into recession during the third quarter. As a result, they cut sharply their forecasts of growth of the Gross Domestic Product (GDP) for the accumulated 2026. Last Tuesday, the Central Bank [...] Entry For the market, the economy has already entered recession and the GDP will grow only 1.5% i…
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