Inflation decelerated in March for the fiftieth month in a row
Inflation decelerated in March for the fiftieth month in a row, to 7,4% yoy, -0,8 p.p. than in February; also core inflation decelerated to 7,0 from 7,2%. The predominant sentiment continues to be that the disinflationary process will be very gradual, reflecting the contagion of high energy prices to other products. Our forecast for 2023 (5,5%) is currently under watch for a possible slight downward adjustment.