Buenos Aires, March 4 (NA) - The Central Bank of the Argentine Republic (BCRA) will release this Thursday the Market Expectations Survey (REM) for February, containing analysts' forecasts on inflation, the exchange rate, and other macroeconomic indicators. According to information from the Argentine News Agency (NA), the report is based on BCRA projections and is generated from a survey of specialized individuals from the country and abroad: 45 participants, including 33 local and international consulting firms and research centers, and 12 Argentine financial entities. The survey is conducted over the last 3 business days of each month on expectations of retail prices, interest rates, and the nominal exchange rate. It also forecasts the level of economic activity, the primary result of the non-financial public sector, the open unemployment rate, exports of goods (FOB), and imports of goods (CIF). What the last REM projected The official dollar closed at ARS 1.370 for purchase and ARS 1.420 for sale. Photo: Agencia NA / Archive The last report, for January, had projected an inflation rate of 2.4%, an increase of 0.4 percentage points (p.p.).
Argentina's Central Bank to Publish February REM Report
Argentina's Central Bank will release the February Market Expectations Survey (REM) on Thursday. The report will include analysts' forecasts for inflation, the exchange rate, and other key macroeconomic indicators, based on a survey of 45 specialists from the country and abroad.