Local bond market prices suggest that traders anticipate a significant drop in the monthly inflation rate. Forecasts indicate an average monthly rate of 1.9%, which would bring the annual rate down to 25%. This projection, provided by local broker PPI, is more optimistic than the economists’ consensus of 35%. Argentinians have endured triple-digit inflation for nearly two years.
November 7, 2024
SOURCE: RIO TIMES
Argentine Bond Market Predicts Sharp Drop in Inflation Rates