Inflation estimated at 2.7% in August

Private consulting firms estimate that August inflation will be below 3%. It also reflected in the Relevamiento de Expectativas de Mercado (REM) released by the Central Bank last Friday, where analysts projected a rise in the Consumer Price Index in the order of 2.7%. The data, although it evidences a marked increase concerning the 1.9% of July, also exhibit a less intense acceleration than that foreseen months ago: in May, for example, 3.3% was expected for this period of the year.

Source: Ámbito