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The OECD raises its inflation forecast for Argentina to 92% in 2022 and 83% in 2023

The Organization for Economic Cooperation and Development (OECD) raised its general inflation forecasts for Argentina in 2022 and 2023 by more than 30 points.

In an Economic Outlook report that assesses the impact of the armed conflict in Ukraine on the world economy, the OECD forecasts a general inflation rate of 83% for Argentina this year, 31.9 points above the forecast given released last June.

Read also: Check out our coverage on Argentina

The projection for the year 2023 does not offer reasons for optimism either . . .

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