The Central Bank Recognizes Another Economic Downturn, but Anticipates a Strong Rebound
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The Central Bank of the Argentine Republic (BCRA) published its Monetary Policy Report (IPOM) for the third quarter of the year, where it drew a diagnosis of the local macroeconomics marked by the brake on short-term inflationary activity and challenges. In this context, the president of the entity, Santiago Bausili, gave a conference...
Central Bank expects a recovery of GDP in the fourth quarter after the fall from July to September and points out the factors that could
The Argentine Central Bank published on Thursday its Monetary Policy Report (IPOM) for the third quarter of the year. There, it linked the slowdown of activity to a more adverse international context and “transitional factors”.
BCRA foresees a significant recovery in activity in the last quarter of the year, although it warns that meat, gas and naphtha can complicate deinflation.
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