Market News
Argentina inflation seen slowing to 28.6% by year-end - REUTERS
June 5 (Reuters) - Argentine analysts cut their inflation forecast for the end of the year to 28.6%, the central bank's monthly market expectations survey showed on Thursday.
The revised estimate is 3.2 percentage points lower than last month's forecast. Analysts also ticked up their 2025 economic growth outlook by 0.1 percentage point to 5.2%.
The improved inflation outlook follows a landmark $1 billion, peso-linked bond sale last week, Argentina's first major issuance in seven years, which attracted demand 1.7 times the offering size.