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Home Argentine Politics and Economics The inflation expected by Argentines in the next 12 months is 40%, according to a survey

The inflation expected by Argentines in the next 12 months is 40%, according to a survey

Politics and Economics

The expected  inflation  by the population for the next 12 months is 40% in April, according to a survey conducted by the Centro de Investigación en Financias (CIF) of the Business School of the Torcuato Di Tella University.

The survey, released today, further indicates that “inflation expectations fall 0.2 percentage points from the March 2019 measurement and stand at 40.6%.”
The director of the UTDT Finance Research Center, Juan José Cruces, said in the broadcast work that “the inflation expected by the population for the next twelve months remains at 40%, according to the median response and average, inflation expectations fall 0.2 percentage points and stand at 40.6%.”

Cruces remarked “according to the median, inflation expectations remain in all three regions. According to the average, inflation expectations rise in the Federal Capital while they fall in Greater Buenos Aires and the Interior of the Country.”
“ Inflation expectations remain for both high-income and low-income populations. On average, expectations rise for both sectors,” says the work.
The UTDT clarified that “the index is obtained from the results of a monthly survey covering around 1,200 cases nationwide, conducted by Poliarquía, where the following question is asked: “Comparing the prices now with those from one year forward, about what percentage do you expect prices to rise on average in the next twelve months?”

Source: Telam

Publication Date: 28/04/2019

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