OECD Downgrades 2026 Growth Forecast for Argentina
The OECD cut Argentina's 2026 GDP growth forecast by 1.3 points to 3% and raised inflation to 17.6%, citing economic vulnerabilities and the need for reforms.
- Next year, the Organisation for Economic Co-operation and Development cut Argentina's recovery forecast to 3 percent, citing weaker growth and higher inflation.
- Citing recently weakened growth and exchange-rate pressures, the OECD said its less optimistic projections reflect persistent macroeconomic vulnerabilities and political uncertainty, adding growth depends on regulatory reform and technical and vocational education.
- Inflation is now expected at 17.6 percent, according to the OECD, which also raised another inflation measure to 41.7 percent from 39.8 percent.
- President Javier Milei's government faces a sharp divergence as the OECD urges maintaining fiscal prudence and restrictive monetary policy to reduce inflation.
- Worldwide, the OECD predicts global growth will slow from 3.2 percent in 2025 to 2.9 percent in 2026, then strengthen later as investment and exports, especially in the energy and mining sector, boost growth.
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13 Articles
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Argentina will cease to be the G20 country with the highest inflation by 2026, according to the Organisation for Economic Co-operation and Development. Read more
The Organization for Economic Cooperation and Development cut its economic forecasts for the country in 2025 and 2026
BUENOS AIRES, — The OECD reduced its growth forecast for Argentina by 2026 to 3%, below the previously estimated 4.3%, warning that the economy continues to face weak domestic demand, low consumer confidence and persistent inflation, despite a more favourable environment for investment and exports. The adjustment takes place in the midst of a process of economic reforms and fiscal consolidation that, according to the agency, begins to be reflect…
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