Economists in Argentina have significantly revised their inflation forecasts downward for 2024, according to the central bank’s survey. The anticipated year-end inflation rate is now 161.3%, a decrease of 28 percentage points from previous expectations. Over the next 12 months, inflation is projected to slow to 88%. The Argentine economy is expected to contract by 3.5% this year, with the peso forecasted to reach 1300/USD by year-end.