Inflation Accelerated to 2.1 per Cent in August, According to Consultants From the Central Bank
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5 Articles
The Relevance of Market Expectations (REM) developed by the Central Bank (BCRA), and includes 39 consultants, study centers and banks, adjusted their upward inflation calculations, while significantly cut their forecast for growth of the Gross Domestic Product (GDP), all in a context of increasing financial volatility. According to the report, experts now estimate inflation of 2.1% for the month of August. Compared to the previous REM, this figu…
The Central Bank (BCRA) announced on Thursday a new edition of the Relevance of Market Expectations (REM), the monitoring of macroeconomic projections prepared by economic and financial analysts.In this last report, the private consultants projected how much inflation will be in August and how the index will behave until the end of the year. In addition, they fixed the price of the dollar towards the end of 2025. To prepare the analysis, carried…
The private consultants who participated in the last Relevance of Market Expectations (REM), which was carried out by the Central Bank at the beginning of the month, estimated that August inflation reached 2.1%. If this calculation is confirmed, it will not only exceed 1.9% of July, but will break three months of price rises below 2%. The National Institute of Statistics and Censuses (Indec) will announce next Wednesday, September 10, the offici…
The Relevance of Market Expectations (REM) showed an inflationary acceleration for the past month and projected inflexibility towards lower prices. Stable dollar and economic contraction in the third quarter. Read more
The analysts consulted by the Central Bank (BCRA) corrected upwards their inflation forecasts and calculated for August a monthly inflation of 2.1%, 0.4 points more than the previous Relevance of Market Expectations (REM). “Those who better projected this variable in the past (Top 10) reported inflation of 2.0% per month for August (+0.2 p.p. regarding the previous REM),” the report said. Regarding the Core IPC, the group of participants of the …
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