Central Bank of Argentina: Inflation will be in three digits in 2023

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According to analysts surveyed by the Central Bank of Argentina, inflation in the country will reach triple digits and exceed 100% in 2023. It has been reported DEA News.

“Analysts have estimated the annual inflation rate at 110%,” Argentina’s Central Bank said in a statement.

Inflation is expected to drop to 90% next year.

Inflation in Argentina in the two months of this year was 13.1%. In 2022, consumer prices rose 94.8%, one of the highest in Latin America.

Earlier, according to the Argentine National Institute of Statistics and Census (INDEC), in February 2023, the inflation rate in Argentina was clear. made The 102.5% Indicator has not risen above 100 percent in the last 32 years since 1991.

At the same time, according to the indicator of the first month of the current year, the growth was 6.6%. At the same time, the largest increase in consumer prices in the country was in the food products and soft drinks segment (9.8%). Beef, the main meat product of local people, has increased the most, the ministry said.

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