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Analysis by Region - Latin America - Argentina

Publisher Oxford Economics
Published Apr 27, 2022
Length 10 Pages
SKU # OFE17155483

Description

Analysis by Region - Latin America - Argentina

We have upgraded our 2022 GDP growth forecast by 0.2ppts to 2.4% due to a better-than-expected 1.2% q/q estimated expansion in Q1, led by an output rebound in February and booming exports. Yet, as the central bank (BCRA) is currently on a tightening cycle, we maintain our view that household consumption will be constrained this year, which will cause growth to slow. We expect a moderate 1.1% expansion in 2023.   

Table of Contents

10 Pages
Argentina : Recovery outpaced expectations, but feeble growth is ahead
Forecast overview
Recent developments
Short-term outlook
Key drivers of our short-term forecast
Economic risk
Economic risk evaluation
Risk warnings
What to watch out for
Exposure to key global risks
Long-term prospects
Background
Economic development
Structure of the economy
Balance of payments and structure of trade
Policy
Politics

Pricing

Currency Rates
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