The report Latin Focus Consensus Forecast February, which includes the forecasts of more than 50 economic consultants, anticipates that this 2023 he dollar will continue to rise According to analysts, the wholesale official dollar will close the year in $342,70which implies a climb of $150 in the next 12 months, since it is currently trading at $192.
Furthermore, according to specialists, the inflation it will also maintain an upward trend: December is expected to end with a cumulative rise of 97 percent.
He Central Bank (BCRA) attended the market yesterday with US$292 millionwhich implies the greatest sale of reservations of the last 15 months. In this way, it accelerates the collapse of its gross tenure that would close the day below US$40,000 million.
The sale of the day is almost 90 percent justified by the US$262 million that the entity headed by Miguel Pesce released for the Government to make the advance purchase of imported gas to cover the shortfall in production that is expected for the peak season of demand at the beginning of winter.
The US parallel currency closed yesterday at $378 for sale and $374 for purchase.
The data of the variation of the Consumer’s price index for January announced this Tuesday by INDEC was 6 percent, which led the former Minister of Economy Hernan Lacunza to say that “the economy exploded, “but we don’t say it because everything is anesthetized”. interviewed on the show Hour 17 of LN+, Luis Majul He asked him about the economic situation: “Why hasn’t it exploded yet?” “What happens is that here we call an explosion what happened in ’89 or in 2001, but if I give you three indicators: the poverty is 40 percent, the inflation is 100 percent, and the currency gap It’s 100 percent, this thing blew up. He is anesthetized by stocks, by plans…”, analyzed the former economic official, who served between August 17 and December 10, 2019, after the resignation of the previous head of the portfolio, Nicolás Dujovne, and prior to the presidential transition with the current Government.
According to the latest report of the INDEC (Institute of Statistics and Censuses)2023 began with an acceleration of the inflation. The consumer price index (IPC) marked a rise of 6 percent and the year-on-year measure 98.8 percent.
This data is reflected in the increased food -mainly meat- regulation of various prices and the dollar volatility. In this sense, it is important to highlight that the upward trend in prices occurs after the slowdowns in November (4.9 percent) and December (5.1 percent).
He retail dollarwhich is controlled by the Central Bank (BCRA)increased this Wednesday and closed at $190,25 for purchase and $198,25 for sale.
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