Buenos Aires, Dec 6 (NA) -- The Central Bank of Argentina (BCRA) released the Market Expectations Survey (REM) for November 2025, which consolidated the projections of 42 consultancies and financial entities on Argentina's main economic variables, with a focus on the disinflation path and the behavior of the dollar for the year 2026. According to the Argentine News Agency, the report, published on December 4, 2025, reveals that analysts expect the economy to maintain a moderate growth rate and that the downward monthly price path will consolidate. The 3 Key Projections for 2026 The consensus among REM participants outlined a scenario for the upcoming year, marking a gradual stabilization: Inflation on the decline: The monthly decrease in inflation, which began in 2025, is projected to continue until May 2026, when it is expected to reach 1.5%. GDP Growth: Analysts project that seasonally adjusted Gross Domestic Product (GDP) will grow by 0.9% in the first quarter of 2026. This data marks a continuation of the growth path that began in the third quarter of 2025. Exchange Rate and Rates: For December 2026, the consensus forecasts that the nominal exchange rate will be at ARS 1,720 per USD. The projected Active Reference Rate (TAMAR) for private banks for December 2026 stands at 20.9% nominal annual, equivalent to a Monthly Effective Rate (TEM) of 1.7%. Overall, the forecasts suggest that 2026 will be a year of fine-tuning and stabilization following the shock of the previous administration, with sustained economic growth and contained inflation.
