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Argentina's central bank survey of 42 economists projects 5.5% economic growth in 2021 after a roughly 12% contraction in 2020, with year-end inflation at 49.8%. Economy Minister Martin Guzmán said inflation this year will reach 35%, and the survey sees the peso at 125.8 per dollar by December 2021.
Persistent high inflation and a weakening peso shape Argentina's import costs and farm export incentives, which affects the country's soymeal and corn export pricing and the competitiveness of its grain flows.
en.mercopress.comJan 9, 2021Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
