Serge Massa
Market analysts who deliver their forecasts to the Central Bank already anticipate this year’s inflation will reach 100%. Those who best predict this variable for the short term (TOP-10) expect, on average, an inflation of 99.4% in the inter-year variation, or 4.7 points more than in the July survey.
In addition, participants in the Market Expectations Survey (REM) looked at inflation forecasts for next year and placed them at 84.1% year on year. (7.6 points more than the previous REM). Meanwhile, for 2024 they estimate it at 63.1% (3.1 points more than in the previous survey).
As for core inflation, the one that does not foresee seasonal price increases, according to analysts, would reach 94.9% on an annual basis at the end of 2022 (4.4 pp more than the last survey).
For July 2022, the median of the estimates of those who participated in the previous REM survey suggested inflation of 7.5% per month, while the data observed in that month was 7.4%. For August 2022, the median of the current survey estimates was 6.5% per month, while the TOP-10 average of the best forecasters estimate it at 6.8%.
News in development
Source: Clarin
