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Argentina March Inflation Expected Above 3%, Private Gauges Show

YPF’s 45‑day pause on fuel price hikes aims to limit pass‑through ahead of the INDEC release.

Overview

  • Economy Minister Luis Caputo said March inflation will come in above 3%.
  • Private consultancies put the monthly rate roughly between 2.7% and 3.3%, with Equilibra reading 3.3% for both headline and core.
  • Analysts cite a sharp fuel jump of about 19% early in the month that could add 0.4 to 0.6 points to the index.
  • Education costs led increases in March in several surveys, and meats and some regulated prices also rose.
  • INDEC will publish the official figure mid‑month, which will show if persistent core pressure is easing or not.