Argentina lifts target as inflation persists

Central Bank of Argentina
Central Bank of Argentina
Banco Central de la República Argentina

The Argentine government has extended its timeframe for bringing down inflation as the economy grapples with a stronger peso and a big current account deficit.

The new inflation target for 2018 is 15%, falling to 10% in 2019 and 5% in 2020. The authorities had previously set a target of 8–12% for this year.

The decision comes after the administration missed its 2017 objective of 12–17%, with the International Monetary Fund estimating inflation at 23.6% for the year. The move is expected to

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Register for Central Banking

All fields are mandatory unless otherwise highlighted

This address will be used to create your account

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account

.