Inflation: forecast at 35% this year and accelerating to 50% by 2021

Inflation will accelerate in the last quarter, exceeding 3% per month, to close the year at close to 35%. It is the projection of the consulting firm Ecolatina, which highlighted that during 2020 various imbalances and arrears would have accumulated, possibly returning the index to the 50% zone in 2021. This estimate corresponds to the Central Bank’s forecast of a rise in consumer prices of around 48.9% for next year.

Source: Ámbito