November 2, 2018 / 10:22 PM / 18 days ago

Argentina 2018 inflation forecast revised to 47.5 pct -cenbank poll

BUENOS AIRES, Nov 2 (Reuters) - Economists have raised their forecast for Argentina’s 2018 inflation rate to 47.5 percent from a previous estimate of 44.8 percent, according to the median forecast in the central bank’s monthly poll of analysts released on Friday.

The median forecast for Argentina’s expected 2018 economic contraction was 2.4 percent versus a previous estimate of a 2.5 percent recession, according to the survey of 55 economists.

Reporting by Hugh Bronstein; Editing by Cynthia Osterman

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