FOREX TradingCharts.com

Financial News: ARGENTINA: Economists Expect Central Bank To Miss Inflatio

ARGENTINA: Economists Expect Central Bank To Miss Inflation Target In 2018

12/05/2017 - 16:35:00 (RTTNews)

(RTTNews) - Analysts slightly increased their inflation forecasts for 2017 in Argentina to 23.5% from 23% as regulated prices went higher - but kept unchanged at 21% the core inflation estimate for this year, according to a central bank survey.

For 2018, economists expect a 16.6% annual inflation rate, with core inflation at 14.9%. Both rates are above the 2018 inflation target, which ranges from 8% to 12%.

Respondents expect the Argentinean central bank to keep the benchmark interest rate unchanged at 28.75% until March 2018. From April forward, the rate should decrease gradually, reaching 22% per year at the end of 2018. Previously, analyst expected a steeper decline to 21%.

Regarding Argentina's Gross Domestic Product (GDP), expectations of annual growth remained stable at 2.9% for 2017 and 3.1% for 2018. Meanwhile, the expected GDP growth for 2019 was raised to 3.3% per year, from 3.2% in October's survey.

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2017 RTTNews.com. All Rights Reserved

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS


PAMPA ENERGIA: Company To Sell Assets To Trafigura For US$ 90 Million (07 min(s), 15 sec(s) ago)
(RTTNews) - Argentinean energy company Pampa Energía will sell its refining and distribution asse ...Full Story»

ECOPETROL: Fitch Affirms BBB Rating With Stable Outlook (12 min(s), 15 sec(s) ago)
(RTTNews) - Credit risk agency Fitch Ratings affirmed the Colombian state-owned oil company Ecopet ...Full Story»

VENEZUELA: Government Candidates Win Local Elections Amid Opposition Boycott (16 min(s), 15 sec(s) ago)
(RTTNews) - Pro-government candidates won more than 300 of the 335 local elections held in Venezue ...Full Story»

Latvia October Trade Deficit Widens (06 hr(s), 28 min(s), 15 sec(s) ago)
(RTTNews) - Latvia's trade deficit for October widened from a year ago as imports grew faster ...Full Story»

BCC Trims UK Growth Outlook On Brexit Uncertainty (06 hr(s), 49 min(s), 15 sec(s) ago)
(RTTNews) - The British Chambers of Commerce on Monday downgraded its growth projection citing wea ...Full Story»

Portugal Trade Deficit Widens As Imports Surge (07 hr(s), 17 min(s), 15 sec(s) ago)
(RTTNews) - Portugal's merchandise trade deficit widened in October, as exports growth was out ...Full Story»

China's Bank Lending Rises In November (07 hr(s), 56 min(s), 15 sec(s) ago)
(RTTNews) - China's bank lending increased in November despite measures taken by the governmen ...Full Story»

Turkey's GDP Growth At 6-Year High (08 hr(s), 31 min(s), 15 sec(s) ago)
(RTTNews) - Turkey's economy grew at the fastest pace in six years in the third quarter, the T ...Full Story»

Search

INTERNATIONAL FINANCIAL NEWS

PAMPA ENERGIA: Company To Sell Assets To Trafigura For US$ 90 Million

12/11/2017 - 14:01 PM (RTTNews)
(RTTNews) - Argentinean energy company Pampa Energía will sell its refining and distribution asse ...Full Story>>

ECOPETROL: Fitch Affirms BBB Rating With Stable Outlook

12/11/2017 - 13:56 PM (RTTNews)
(RTTNews) - Credit risk agency Fitch Ratings affirmed the Colombian state-owned oil company Ecopet ...Full Story>>

VENEZUELA: Government Candidates Win Local Elections Amid Opposition Boycott

12/11/2017 - 13:52 PM (RTTNews)
(RTTNews) - Pro-government candidates won more than 300 of the 335 local elections held in Venezue ...Full Story>>

Latvia October Trade Deficit Widens

12/11/2017 - 07:40 AM (RTTNews)
(RTTNews) - Latvia's trade deficit for October widened from a year ago as imports grew faster ...Full Story>>

BCC Trims UK Growth Outlook On Brexit Uncertainty

12/11/2017 - 07:19 AM (RTTNews)
(RTTNews) - The British Chambers of Commerce on Monday downgraded its growth projection citing wea ...Full Story>>

Binary Options Articles Courtesy of NADEX

These pages, and all content ©TradingCharts.com Inc and other copyright holders. Permission is not granted to redistribute charts, data, news or other information found on this site, in any manner. Although it is believed that information provided is accurate, TradingCharts will not accept liability for any loss or damage that may arise from use of the content, inability to access the website, or delay or failure of receive of any information provided through this site.