economy and politics

Analysts project that inflation in 2023 will reach 9.49%

Analysts project that inflation in 2023 will reach 9.49%

The Monthly Survey of Economic Expectations of the Banco de la República in April showed that the Analysts expect the inflation rate at the end of 2023 to average 9.49%, higher than the 9.26% that they had considered last month.

(Read: The first quarter of 2023 ended badly for traders).

For April, the expectation with this indicator is that it will drop from 1.05% in March to 0.87%, with a minimum that would be 0.52% and a maximum of 1.16%.

On a broader horizon, by 2024, lThose consulted by the Issuer expect it to continue to decline and stand at 5.19% on average.

(Also: ‘Walking a tightrope’: inflation is worrying in San Victorino).

The monthly survey by Banco de la República shows that the market expects the interest rate to interest continues to increase and reaches an average of 13.12%and for May it is considered to be 13.14% on average, while for the month of June the market projects that it will begin to drop to 13.09%, and by the end of the year it will be 11.38% on average .

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