Argentina Economic Outlook. Second Quarter 2017
Published on Thursday, May 11, 2017 | Updated on Friday, May 12, 2017
Argentina Economic Outlook. Second Quarter 2017
Summary
The economy continued to grow in 1Q17 in line with our forecast of 2.8% Y/Y. Inflation is moving away from the BCRA target and will reach 19.5% (INDEC) Y/Y in December, driven by tariffs and core inflation that does not yield. The restrictive monetary and accommodative fiscal policy mix strengthens the peso, but we expect a greater pace of depreciation in 2H17
Geographies
- Geography Tags
- Argentina
- Latin America
Topics
- Topic Tags
- Macroeconomic Analysis
Authors
Marcos Dal Bianco
BBVA Research - Chief Economist
María Celeste González
Adriana Haring
BBVA Research - Senior Economist
Jorge Alberto Lamela
Juan Manuel Manías
BBVA Research - Principal Economist
Gloria Sorensen