Argentina’s Central Bank’s (BCRA) latest issue of the Market Expectations Outlook foresaw that December’s Consumer Price Index (CPI) would stand at 2.7% for an annual rate of 117.8%. These figures represented a slowdown under Libertarian President Javier Milei, with projected inflation of around 25.9% this year, the first semester yielding the following figures: January 2.5%, February 2.3%, March 2.3%, April 2.0%, May 1.9%, and June 1.8%. These results would be closer to the 24.8% achieved in December 2017 under then-President Mauricio Macri.
January 8, 2025
SOURCE: MERCOPRESS
Argentina: BCRA monthly survey projects inflation in 2025 to stand at 25.9%