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Analysis by Region - Latin America - Argentina

Publisher Oxford Economics
Published May 30, 2022
Length 10 Pages
SKU # OFE17204331

Description

Analysis by Region - Latin America - Argentina

Our 2022 Argentina GDP growth forecast remains unchanged at 2.4%, as activity slowed towards the end of Q1 yet flashed a mild 0.9% q/q expansion. We now expect the economy to contract 1.5% q/q in Q2 as the central bank (BCRA) continues with its tightening cycle, which will affect consumption. That said, we believe that a lax fiscal stance will partially offset the negative effects of restrictive financial conditions.

Table of Contents

10 Pages
Argentina : First IMF revision to offer relief, but risks remain
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
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