Economists expect a drop in product of up to 6% year-on-year in the first quarter. At least 20 indicators have turned red in recent months, showing a decline in consumption, activity, beef slaughter, imports, gasoline sales, electricity consumption, deeds in the City and loans to the private sector.

The IMF, the economy is moving towards "stagflation", with a CPI that would remain at 25% in January and would only begin to slow down due to the fall in demand.