Inflation will accelerate again to around 50% by 2020

According to a recent report by the economic consulting firm Ecolatina, inflation projections are slightly below 53.8% in 2019, bordering 50% in 2020. In a scenario of controlled, regulated prices, limited wage pressures and an official exchange market that may tighten but would not be overwhelmed; thanks to a stock of net reserves of more than $10 billion, a high external surplus and the exchange rate trap, the risks of a hyperinflationary shock are low.

Source: Ámbito