Argentina May BCRA Survey Inflation and Growth Expectations

The May BCRA survey indicates that inflation and growth expectations in Argentina remain broadly stable, with headline inflation expected at 2.3% for May. Forecasts for end-2026 inflation and GDP growth show minimal adjustments from the previous month.

Key Takeaways

• 1.Market participants expect May headline inflation at 2.3% mom, maintaining broad stability in expectations.
• 2.Inflation expectations for end-2026 remain unchanged at 30.5% yoy.
• 3.Real GDP growth forecasts for 2026 rose slightly to 2.9%.

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