Surprise with Inflation? Food Slows Down and Private Projections Are Closer to 1.5%
6 Articles
6 Articles
The new estimates anticipate in August the return of the IPC slowdown; it would be a more favourable figure than the markets expected
After 2.1 per cent in July, different consultants estimate August inflation to be between 1.4 and 1.9 per cent. The slowdown would be driven mainly by food moderation and the end of seasonal increases.
The government could receive a positive signal in terms of inflation.After the July upturn, when the Consumer Price Index (CPI) advanced 2.1%, the main private consultants anticipate that August's inflation will return to below 2%.The projections reported place the index between 1.4% and 1.9%, according to the measurement.The official data that the Indec will disseminate on September 10 will allow to determine if the slowdown was finally consoli…
After the incipient climb of July, the consultants set the price increase at around 1.5%. Food impacted again.
The new private estimates of inflation in August anticipate a more favourable scenario for the Government than projected in the middle of the month. A few days after the end of the period, most consultants expect the Consumer Price Index (CPI) to be around 1.5 per cent, although forecasts range from 1.4 per cent to 2 per cent. The slowdown in food and beverage prices appears as one of the main factors behind the new projections.
Surveys show lower price pressure, especially on food and beverages. The main consultants expect the eighth month CPI to be below 2%, after 2.1% last July.
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