alert_servicealert_serviceENTER user_add user_add NEW USER

Forgot your password?


Stay logged in to leave
Publication date
From
To
x

Your space


Forgot your password?
x

Login to participate



Not registered yet? Register now
x
Make your search by entering the text:
Make your search for other criteria:
img_publication Outlook

Argentina Economic Outlook. Third Quarter 2017

By , , , ,

The Argentine economy entered its third consecutive quarter of recovery. Growth forecasts of 2.8% for 2017 and 3% for 2018. Gradually decreasing trend in core inflation will be maintained in the coming months. Inflation as measured by INDEC’s GBA CPI will reach 19.5% y/y at the end of 2017, still above the BCRA’s target of 12-17% YoY

Send your comment


1.Summary

By , , , ,

The Argentine economy entered its third consecutive quarter of recovery, achieving a growth 1.1% QoQ in seasonally adjusted terms in the first quarter of 2017, driven mainly by investment. This confirms our growth forecasts of 2.8% for 2017 and 3% for 2018



2.International context: Stable growth in 2017-18, with risks still on the downside

By , , , ,

The world economy has been picking up in recent quarters and has approached growth rates of 1% QoQ, although it is trending towards stabilisation. In global terms confidence figures are clearly positive, above all in the advanced economies, and they seem to have moved into readings at the high end











7.The greater external imbalance will not be reversed until reforms begin to mature

By , , , ,

In line with expectations, imports have begun to expand at a rate more in keeping with the pace of growth and registered an increase of 12.4% YoY in the accumulated period from Jan-May 2017, of which 9.4% corresponds to an increase in the quantities imported. In contrast, exports have grown only by 1.6% YoY in the same period with a fall of 4.1% in the volumes exported






Send your comment