Consulting firms recalculate inflation for the entire year downwards: now they expect 189%. In March the forecast dropped 20 percentage points compared to the February measurement.
The data arise from the Market Expectations Survey carried out every month by the Central Bank. The survey was carried out between March 25 and 27 and includes the forecasts of 37 participants, including 24 local and international consulting firms and research centers and 13 financial entities in Argentina. The fall would have been concentrated in the first quarter, a period for which those responding to the REM estimated a contraction of 3.8%.