*Argentina’s central bank (BCRA) has released its August survey of market expectations (REM), in which private analysts increased their monthly inflation forecast for August to 2.1%, up 0.4 percentage points on its previous monthly survey. For the following months, monthly inflation is predicted to remain below 2.0%. This brings the predicted year-on-year rate for August to 28.2%. Argentina’s annual inflation rate was running at 36.6%
in July, down from 39.4% in June. In monthly terms, inflation stood at 1.9% in July, up from 1.6% the previous month. In the REM, analysts forecast that Argentina’s GDP grew by 0.1% in the second quarter of 2025 as compared to the previous quarter, down 0.7 percentage points on the previous REM released in August.
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