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They discount that March inflation will be 7%: what does Ecolatina predict for the rest of the year?

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“From here on out, it’s going to be hard to find numbers below 6 percent.” The director of the consulting firm Ecolatina Analytics, Federico Moll, has made a gloomy forecast for the CPI, which is already discounted at 7% in March, and will not improve in the coming months.

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“Our first survey for the first half of March showed us a higher level of inflation than in February. There is a seasonality that tends to complicate things, such as the beginning of lessons and clothing”he pointed.

In dialogue with Radio Rivadavia, the consultant maintained that “on the one hand there is a statistical problem which has to do with drag.” “Food has shown significant increases, education, clothing. There is a very high inflation base which is already 5%”He added.

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In this sense, he ensured that today “not there yet” which can bring down inflation.

“Even better is expectations. That people start thinking of future inflation as a slowdown process. The government doesn’t have a reasonable estimate of inflation,” he said.

On the trajectory that inflation will take during the year, the forecast of the consultant prediction 100%, “at the risk of falling short”, Moll pointed out.

NS

Source: Clarin

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