Inflation In Argentina To Peak Mid-Year, Before Falling Dramatically In H224
Country Risk / Argentina / Wed 28 Feb, 2024
Key View
- We have revised up our 2024 average inflation forecast from 260.0% y-o-y to 300%, as the removal of price caps and the end of subsidy schemes have driven inflation higher, more quickly, than we previously expected.
- Fiscal consolidation measures that remove subsidies will see price pressures peak around the middle of year, while