Economy Minister Luis Caputo projected that March inflation will exceed 3%, driven by oil impacts and educational seasonality. The official INDEC data will be released on Tuesday, April 14, at 4 p.m. Caputo assured that disinflation and economic growth will begin from April.
Economy Minister Luis Caputo estimated in an interview at the Bolsa de Comercio de Rosario that the Consumer Price Index (IPC) for March "will surely be above 3%". He explained the rise stems from an oil-related "shock" affecting air fares, transport, fuels, and educational seasonality.
"From April onward comes a process of disinflation and growth; the best months are coming," Caputo added.
Consulting firms in the Central Bank's Market Expectations Survey (REM) project 3% for March, with declines to 1.8% in August and September. C-P estimates 3% to 3.3%, driven by regulated prices like fuels, electricity, and tobacco, up nearly 4.7%. BBVA Research forecasts 3.2% with a ±0.2 percentage point margin, while Equilibra calculates 3.3%, led by regulated items at 5.1% and non-seasonal foods at 4.2%.
Julián Neufeld from Fundación Libertad y Progreso reported a 2.9% IPC in their measurement, attributed to the Middle East conflict raising fuels by 6% in March's last week.
