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Strong Drop in Inflation Expectations After the Elections
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The average expected inflation for the next 12 months was 29.7%, which meant a decrease of 7.3 percentage points compared to October (37%), according to what the Torcuato di Tella University (UTdT) reported today. This decrease in inflation expectations was coupled with an 8.79% increase in the Consumer Confidence Index after the victory of ALL in the elections. The Center for Finance Research of that study house conducted a nationwide survey, b…
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