Argentina's economy in 2023: more inflation and austerity in an election year
-
Loading... - Jimena Katu
- 08 Feb 2023
- 78 Views
- 0 Like
- 0 Comment
he experts don’t sound optimistic. “In the best of cases, the year to come will be like this one,” said economist Juan Carlos de Pablo at the end of 2022, making it clear that high inflation will continue on into 2023 and that Argentina’s economy will not grow much.
With his characteristic powers of synthesis, De Pablo summed up the thinking of other private economists who consider the 2023 Budget projection of 60 percent annual inflation to be “fiddled” even if there is more agreement with its economic growth projection of two percent, owing to the “statistical lag effect” of last year’s five percent growth. Read More..
