Among the reasons for the slowdown in the rise of the currency, Eclinina said the real exchange rate was "not backward" so its upward pressure would be more limited. He is also considering this the scheme of the interchange area without intervention would limit the destructive dynamics.
In any case, the consultant found out possible tension around the value of the currencyThe main will be related to the election approach and uncertainty about who will be the next president. He also pointed out doubts about debt repayment, which would also boost exchange rate pressures.
Another forecast is related to prices of public servicesAlthough there are no figures for possible increases after the first four months of 2019, increases in the water, electricity and gas sectors are expected during this period. In short, Ecolatina predicts growth between 32-33% in 2019 – going beyond inflation – since after the political party's political intentions, adjustments must be made to achieve fiscal demand in line with the IMF (keys to repaying commitments and ensuring stock stability).
For its part, in 2019, formal salaries will start the year with significant increases as a result of the review clause imposed in the many joint negotiations this year. In addition, they will be added to their own negotiation of 2019, whose "high season" will be in the second quarter. However, as a result of the "decline in demand and the deterioration of the labor market, only part of the demands can be met". Therefore, formal salaries they will go up by 35% next year, registering higher rises in the dollar and the percentage of public services in 2019.