Argentina's year-end inflation estimate drops to 146.4% in a central bank poll, indicating an improving economy outlook.
Argentina's year-end inflation estimate dropped to 146.4% in a central bank poll, down 15 percentage points from the previous forecast, indicating an improving outlook for the economy. The poll also predicted that Argentina's GDP would shrink by 3.8% in real terms this year and unemployment would rise to 7.4% in the first quarter. Despite austerity measures, annualized inflation remains near 300%.
June 06, 2024
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