In this scenario, the surveyed analysts project inflation to close 2022 at 82.1%, which is 8.6 percentage points more than the estimate made in July for the entire year.
The price of the dollar at the end of the year
On the dollar side, analysts rule out that it will continue to rise, as expected. The question is the speed and how much it will do. The Government rules out a sharp devaluation, but not all the gurus agree.
The consensus of national and foreign economists is that the official exchange rate will reach $166.30 by the end of December, which means an increase of $5 compared to the projections published in the report of last July.
“The peso is expected to depreciate even more at the end of the year, due to the continuous printing of money and high inflation,” reiterates the forecast of international experts.
If these estimates materialize, the increase in the price of the dollar throughout 2022 would be 61.9%. A level that would continue to be below the increase in prices in the economy, therefore, would accentuate the exchange delay.
With the projected rate of 82.1%, there would be a difference with the expected devaluation of almost 20 percentage points.
Dollar: prices estimated by economists
Regarding the projections for the wholesale dollar for the end of the year surveyed, it is evident that national and foreign economists from banks and consultants await a rise in the price.
The highest price expected for the official exchange rate between banks for December is led by the consulting firm FIEL, with a projection of 198.8 pesos.
They are followed by VDC consultancy with $192.3 and, completing the podium, Banco Galicia, with an estimate of $185.4.
Meanwhile, the market is trading a higher wholesale dollar price in the Matba-Rofex futures and options market by the end of December 2022, because the traded price for that date is $187.1. A figure that would mark a devaluation in the year of 82%, and that is 21 pesos higher than the consensus of the experts in FocusEconomics.