The agency predicts that Argentina's inflation rate will reach 95% in 2022

Author:Xinhuanet Time:2022.09.10

Xinhua News Agency, Buenos Aires, September 9th (Reporter Ni Ruijie) The market expected survey report released by the Central Bank of Argentina on the 9th shows that the country's inflation rate will reach 95%in 2022.

The report shows that compared with last month, Argentina's inflation expectations this year have been raised by 4.8 percentage points.This is the annual inflation expectations of Argentina for six consecutive months.The report predicts that Argentina's inflation rates in 2023 and 2024 were 84.1%and 63.1%, respectively.

The report will increase the expected economic growth of this year by 0.2 percentage points to 3.6%, 0.5 percentage points to 1%in 2023, and maintained 2%unchanged in 2024.

According to data released by the Argentine government, the country's cumulative inflation rate has reached 46.2%in the first seven months of this year.The Argentina's economic growth is expected to be 4%for Argentina's economic growth this year, and the UN Economic Commission of Latin America and the Caribbean Economic Council is 3.5%.

The Argentine Central Bank issued a market expected survey every month, covering important economic data, and the investigation was completed by a third -party consulting company and research institutions.

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