BUENOS AIRES (Reuters) -Argentina’s economy is seen expanding by 4.5% in 2025 while the country’s inflation rate is estimated to end this year at 25.9%, according to the average forecast of analysts surveyed by the central bank’s market expectations survey published on Tuesday.
South America’s second-biggest economy has suffered a prolonged slump, marked by one of the world’s highest rates of creeping consumer prices and only recently showing signs clawing its way out of recession.
Its inflation rate in particular has been in triple digit territory since early 2023, peaking near 300% last April but easing to 166% in November, according to official data.
The bank’s market expectations survey expects last December’s monthly inflation rate to inch up to 2.7%, compared to the prior month, before slowing to 2.5% in January.
The Argentine economy grew 3.9% in last year’s third quarter, compared to the prior quarter, marking its first quarterly expansion since slipping into a technical recession at the end of 2023.
The surveyed analysts expect economic growth around 1% through the first half of 2025, but speeding up to an annualized rate of 4.5% by the end of the year.
The peso currency, meanwhile, is expected to finish 2025 at 1,205 pesos per U.S. dollar, while the government’s primary fiscal surplus is seen at 11.2 trillion argentine pesos ($10.8 billion).
($1 = 1,035.0000 Argentine pesos)
(Reporting by Eliana Raszewski and Sarah Morland; Editing by David Alire Garcia)
