{"id":133654,"date":"2026-03-18T12:46:50","date_gmt":"2026-03-18T15:46:50","guid":{"rendered":"https:\/\/100xd.com.ar\/?p=133654"},"modified":"2026-03-18T12:46:50","modified_gmt":"2026-03-18T15:46:50","slug":"que-debe-pasar-para-que-la-inflacion-baje-al-10-anual-segun-el-jp-morgan","status":"publish","type":"post","link":"https:\/\/100xd.com.ar\/en\/que-debe-pasar-para-que-la-inflacion-baje-al-10-anual-segun-el-jp-morgan\/","title":{"rendered":"Qu\u00e9 debe pasar para que la inflaci\u00f3n baje al 10% anual, seg\u00fan el JP Morgan"},"content":{"rendered":"<p class=\"wp-block-paragraph\">El IPC de febrero, que arroj\u00f3 2,9% de acuerdo al&nbsp;<strong><a href=\"https:\/\/www.mdzol.com\/temas\/indec-226.html\">Indec<\/a><\/strong>, volvi\u00f3 a poner sobre el debate p\u00fablico el proceso de desaceleraci\u00f3n de los precios. En esa l\u00ednea, el&nbsp;<strong><a href=\"https:\/\/www.mdzol.com\/temas\/jp-morgan-12859.html\" target=\"_blank\" rel=\"noreferrer noopener\">JP Morgan<\/a><\/strong>&nbsp;advirti\u00f3 que la&nbsp;<strong>inflaci\u00f3n<\/strong>&nbsp;sigue sin poder quebrar el umbral del 2%.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">El dato del segundo mes del a\u00f1o encendi\u00f3 las alarmas y se ubic\u00f3 por encima de la expectativa del mercado, que esperaba que el \u00edndice se ubique en 2,7%. A su vez marc\u00f3 el noveno mes al hilo que no desacelera el \u00edndice y seis meses seguidos arriba del 2%.<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/media.mdzol.com\/p\/54aff7527aaea34aaa2c6745a4f61dda\/adjuntos\/373\/imagenes\/001\/588\/0001588821\/466x311\/smart\/santiago-caputo-javier-y-karina-milei-el-acto-inaugural-la-exposicion-rural-2025.jpeg\" alt=\"Javier Milei volvi\u00f3 a elogiar a Luis Caputo.\" width=\"169\" height=\"95\" title=\"Qu\u00e9 debe pasar para que la inflaci\u00f3n baje al 10% anual, seg\u00fan el JP Morgan\">Te puede interesar<a href=\"https:\/\/www.mdzol.com\/politica\/el-mensaje-javier-milei-luis-caputo-conocerse-la-inflacion-mayorista-febrero-n1477098\">El mensaje de Javier Milei a Luis Caputo tras conocerse la inflaci\u00f3n mayorista de febrero<\/a><a href=\"https:\/\/www.mdzol.com\/politica\/el-mensaje-javier-milei-luis-caputo-conocerse-la-inflacion-mayorista-febrero-n1477098\"><\/a><\/li><\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">Adem\u00e1s, reaviv\u00f3 el debate acerca de la medici\u00f3n de la inflaci\u00f3n: con la nueva canasta arrojaba un 3,1% y, desde que asumi\u00f3 Javier Milei, una diferencia de 43,9 puntos porcentuales por encima.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Tambi\u00e9n, la din\u00e1mica inflacionaria est\u00e1 lejos de las aspiraciones oficiales. En el acumulado de los dos primeros meses del a\u00f1o el guarismo asciende a 5,9%. Con este n\u00famero, la suba de precios ya se devor\u00f3 m\u00e1s de la mitad de lo que el Gobierno tiene proyectado para todo 2026 en su Presupuesto, que era un aumento de 10,1%.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">El an\u00e1lisis del&nbsp;<a href=\"https:\/\/www.mdzol.com\/temas\/jp-morgan-12859.html\">JP Morgan<\/a>&nbsp;sobre la inflaci\u00f3n de febrero<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Un informe del<strong>&nbsp;JP Morgan<\/strong>&nbsp;se\u00f1al\u00f3 que la inflaci\u00f3n n\u00facleo, aquella que sin incidencia de los estacionales o regulados, mostr\u00f3 una acelaraci\u00f3n y arroj\u00f3 3,1%, con fuerte impacto de los alimentos, sobre todo de la carne. Cuando se excluyen los alimentos, la inflaci\u00f3n subyacente alcanza 2,6% mensual, apenas por encima del promedio de los \u00faltimos tres meses.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">El an\u00e1lisis del gigante de&nbsp;<strong><a href=\"https:\/\/www.mdzol.com\/temas\/wall-street-5519.html\">Wall Street<\/a><\/strong>&nbsp;tambi\u00e9n apunta al impacto de los precios regulados. Este componente registr\u00f3 un aumento por arriba de 4% mensual, impulsado por ajustes en tarifas de electricidad, gas y agua. Estos incrementos aportaron alrededor de 0,9 puntos porcentuales.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">As\u00ed, el banco advierte que el proceso de desinflaci\u00f3n podr\u00eda ser m\u00e1s lento de lo esperado. La persistencia de presiones en algunos rubros como alimentos y tarifas reguladas, dificulta que la inflaci\u00f3n mensual rompa el umbral del 2%. En ese escenario, el estudio mantiene una proyecci\u00f3n de inflaci\u00f3n de 26,5% para diciembre de 2026.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">La inflaci\u00f3n hacia adelante<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Hacia adelante, el JP Morgan explic\u00f3 que para que la inflaci\u00f3n logre converger a niveles entre un rango de 10 y 15% anual, se necesitan una serie de condiciones.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">&#8220;A futuro, como se\u00f1alamos en nuestra nota de investigaci\u00f3n reciente, una nueva reducci\u00f3n significativa de la inflaci\u00f3n hacia 10\u201315% requerir\u00eda desmantelar los controles de capital que a\u00fan persisten, impulsar una nueva ronda de reformas con \u00e9nfasis en recortes impositivos a nivel federal y provincial y concluir el proceso de ajuste de precios relativos&#8221;, sotuvo el banco.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Fuente<a href=\"https:\/\/www.mdzol.com\/\">: Mendoza online<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>El IPC de febrero, que arroj\u00f3 2,9% de acuerdo al&nbsp;Indec, volvi\u00f3 a poner sobre el debate p\u00fablico el proceso de desaceleraci\u00f3n de los precios. En esa l\u00ednea, el&nbsp;JP Morgan&nbsp;advirti\u00f3 que la&nbsp;inflaci\u00f3n&nbsp;sigue sin poder quebrar el umbral del 2%. El dato del segundo mes del a\u00f1o encendi\u00f3 las alarmas y se ubic\u00f3 por encima de la [&hellip;]<\/p>\n","protected":false},"author":9,"featured_media":133655,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[2],"tags":[],"class_list":["post-133654","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-politica"],"spectra_blocks_featured_image_url":{"thumbnail":{"url":"https:\/\/100xd.com.ar\/wp-content\/uploads\/2026\/03\/banco-150x150.webp","width":150,"height":150},"medium":{"url":"https:\/\/100xd.com.ar\/wp-content\/uploads\/2026\/03\/banco-300x191.webp","width":300,"height":191},"medium_large":{"url":"https:\/\/100xd.com.ar\/wp-content\/uploads\/2026\/03\/banco.webp","width":760,"height":484},"large":{"url":"https:\/\/100xd.com.ar\/wp-content\/uploads\/2026\/03\/banco.webp","width":760,"height":484},"full":{"url":"https:\/\/100xd.com.ar\/wp-content\/uploads\/2026\/03\/banco.webp","width":760,"height":484}},"spectra_blocks_author_info":{"display_name":"Jorge Alfredo Baret","avatar_url":"https:\/\/secure.gravatar.com\/avatar\/31696f5ca83439b642450ec7d3f82f98451a5efacb414343d5478c982b337f26?s=96&d=mm&r=g","author_link":"https:\/\/100xd.com.ar\/en\/author\/jorge\/","description":"Ingeniero Qu\u00edmico UTN - Director Apoderado de Comunicaciones Auditadas SA. Editor Responsable 100xd.com.ar."},"_links":{"self":[{"href":"https:\/\/100xd.com.ar\/en\/wp-json\/wp\/v2\/posts\/133654","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/100xd.com.ar\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/100xd.com.ar\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/100xd.com.ar\/en\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/100xd.com.ar\/en\/wp-json\/wp\/v2\/comments?post=133654"}],"version-history":[{"count":1,"href":"https:\/\/100xd.com.ar\/en\/wp-json\/wp\/v2\/posts\/133654\/revisions"}],"predecessor-version":[{"id":133656,"href":"https:\/\/100xd.com.ar\/en\/wp-json\/wp\/v2\/posts\/133654\/revisions\/133656"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/100xd.com.ar\/en\/wp-json\/wp\/v2\/media\/133655"}],"wp:attachment":[{"href":"https:\/\/100xd.com.ar\/en\/wp-json\/wp\/v2\/media?parent=133654"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/100xd.com.ar\/en\/wp-json\/wp\/v2\/categories?post=133654"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/100xd.com.ar\/en\/wp-json\/wp\/v2\/tags?post=133654"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}