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ARGENTINA

Beef Exports Deal Expected, CPI Due

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Q: Given that the medium term inflation forecast is unchanged for 2023, why are you not stepping up the pace of PEPP purchases? Or do you not think that increasing purchases will have any affect on inflation and the output gap? Second question concerned bottlenecks and when they would be cleared up.

A: The assumption is that many of those bottlenecks will be overridden by those that upgrade their supply chains.