Argentina: University report forecast 30 percent inflation for 2013

Posted on January 17, 2013 • Filed under: Agriculture, Argentina, Business, Economy, TRAVEL

Morningstar.com reported, Argentina’sTorcuato Di Tella University said Wednesday in a closely watched monthly survey that Argentines expect inflation of 30% in 2013. Most private-sector economists think that 12-month inflation in Argentina has been running at or above 20% for the last three years due to lax monetary and fiscal policy. Capital flight spurred by galloping inflation is one of the reasons the Argentine government adopted increasingly strict currency controls in late 2011. Read Article

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