Argentina Cuts 2026 GDP Forecast to 0.7%, Sees Higher Inflation

Argentina's central bank (BCRA) REM survey slashed the 2026 GDP growth forecast to 0.7% from an initial 3.5%, attributing growth solely to statistical carryover and implying a contraction on a year-end basis. The same survey expects higher inflation, signaling deteriorating macroeconomic conditions. This marks a sharp downward revision and raises concerns about the sustainability of the government's economic program.

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