# Argentine economy forecasted to expand 5,5% this year, but inflation will remain close to 50% — MercoPress

> 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.

- Date: 2021-01-09 · published 2021-01-09T12:00:00.000Z
- Category: macro · region Argentina · magnitude low
- Page: https://feedsoft.ai/events/49429-argentine-economy-forecasted-to-expand-5-5-this-year-but-inflation-will-remain
- Commodities: [Argentine Peso (ARS per USD)](https://feedsoft.ai/c/USDARS.md)

## Why it matters

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.

## Read by commodity

- USDARS: bearish ▼

## Sources

- en.mercopress.com: https://en.mercopress.com/2021/01/09/argentine-economy-forecasted-to-expand-5-5-this-year-but-inflation-will-remain-close-to-50

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.