Argentina August CPI seen at 1.7%, year-end 30%; growth far below official 5%

Market consensus expects Argentina's August inflation to hold at 1.7% monthly, with year-end inflation around 30%, while full-year GDP growth is projected at only 2.1% versus the official 5% target. The report suggests the dollar will remain calm, implying stable FX expectations. This signals persistent stagflationary conditions and a wide gap between official projections and market reality, which could pressure policy credibility.