Despite the recession, they estimate that inflation will fall more slowly than Luis Caputo expects. Due to the increases in rates and gasoline in March, it could be around 20%.
They do not rule out a new exchange rate jump to contain prices. For Equilibra, the difficulties that Javier Milei's management will face will be that "the economy will go through a strong recession with high inflation and that this dynamic will give rise to many sources of social and political conflicts," said Lucio Garay.