February 8, 2025
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Shocking Prediction: Inflation to Surge to 2.3% in January, Report Reveals!

Shocking Prediction: Inflation to Surge to 2.3% in January, Report Reveals!

Argentina’s Economic Forecast: BCRA REM Report Predicts Moderate Inflation and Steady Growth

The recent release of Argentina’s Central Bank’s Market Expectations Outlook (REM) report has provided valuable insights into the country’s economic landscape. The report, which predicts various economic indicators for the upcoming months, offers a glimpse into what can be expected in terms of inflation, exchange rates, GDP growth, and unemployment rates.

Here are the key points from the latest REM report:

  • The forecast for January’s Consumer Price Index (CPI) stands at 2.3%, a slight improvement from the previous prediction of 2.5% in December 2024.
  • Leading economists anticipate a lower inflation rate of 23.2% for the year, indicating a positive trend in managing price increases.
  • Inflation rates for the first half of 2025 are expected to be as follows: February (2.1%), March (2%), April (1.9%), May (1.8%), June (1.7%), July (1.6%).
  • The exchange rate between the Argentine peso (AR$) and the US dollar (US$) is projected to be US$ 1 = AR$ 1,201, reflecting a slower devaluation strategy by the BCRA.
  • GDP growth is estimated at 1% for the first quarter and 4.6% for the entire year, indicating a positive outlook for economic expansion.
  • Unemployment rates are projected to be at 6.8% in the last quarter of 2025, showing a slight improvement compared to the previous year’s figures.
  • Foreign trade is expected to see FOB exports at US$ 83.126 billion and imports at US$ 69.1 billion.

These forecasts paint a promising picture for Argentina’s economy, indicating stable growth, controlled inflation, and improving employment rates. By closely monitoring these indicators and implementing effective policies, Argentina can continue on a path towards sustainable economic development. It is crucial for policymakers and stakeholders to work together to ensure that these projections translate into tangible benefits for the country’s citizens and businesses. Argentines are hopeful that these positive economic forecasts will materialize, paving the way for a brighter future for the nation.

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