{"id":11031,"date":"2026-01-06T09:17:12","date_gmt":"2026-01-06T12:17:12","guid":{"rendered":"https:\/\/hanin.org.ar\/?p=11031"},"modified":"2026-01-06T09:17:14","modified_gmt":"2026-01-06T12:17:14","slug":"%ec%98%a4%eb%8a%98%ec%9d%98-%ea%b2%bd%ec%a0%9c01%ec%9b%94-05%ec%9d%bc","status":"publish","type":"post","link":"https:\/\/hanin.org.ar\/?p=11031","title":{"rendered":"\uc624\ub298\uc758 \uacbd\uc81c(01\uc6d4 05\uc77c)"},"content":{"rendered":"\n
\"\"<\/figure>\n\n\n\n

\uc624\ub298\uc758 \uacbd\uc81c<\/p>\n\n\n\n

    \n
  1. \ubca0\ub124\uc218\uc5d8\ub77c \uc0ac\ud0dc\uc640 \uc548\uc804\uc790\uc0b0\uc5d0 \uc8fc\ubaa9\ud558\ub294 \uc2dc\uc7a5
    \ub2c8\ucf5c\ub77c\uc2a4 \ub9c8\ub450\ub85c\uc758 \uccb4\ud3ec\ub85c \ubca0\ub124\uc218\uc5d8\ub77c\ub294 \uad6d\uc81c \ubb34\ub300\uc758 \uc911\uc2ec\uc5d0 \uc11c\uac8c \ub418\uc5c8\uace0, \ub2ec\ub7ec \uc57d\uc138\uc640 \uc9c0\uc815\ud559\uc801 \ubd88\uc548\uc815\uc774 \uacf5\uc874\ud558\ub294 \ud658\uacbd \uc18d\uc5d0\uc11c \uae08\uc735\uc790\uc0b0\uc774 \uc5b4\ub5bb\uac8c \ubc18\uc751\ud560\uc9c0\uc5d0 \ub300\ud55c \uc758\ubb38\uc774 \ucee4\uc84c\ub2e4. \ub514\ud3f4\ud2b8 \uc0c1\ud0dc\uc5d0 \uc788\ub294 \ubca0\ub124\uc218\uc5d8\ub77c \uad6d\ucc44\ub294 \uc774\ubbf8 \uc815\uce58\uc801 \uacb0\ub9d0\uc744 \uc120\ubc18\uc601\ud558\uae30 \uc2dc\uc791\ud588\ub2e4. \ucd5c\uadfc \uac70\ub798\uc5d0\uc11c \uc774 \ucc44\uad8c\ub4e4\uc740 \ub2ec\ub7ec\ub2f9 30\uc13c\ud2b8 \uc218\uc900\uae4c\uc9c0 \uc0c1\uc2b9\ud588\ub294\ub370, \uc774\ub294 2019\ub144 \uc774\ud6c4 \uac00\uc7a5 \ub192\uc740 \uc218\uc900 \uc911 \ud558\ub098\ub2e4.
    \uc774 \uac19\uc740 \uc0c1\uc2b9\uc740 \uc815\uad8c \uad50\uccb4 \uac00\ub2a5\uc131\uc5d0 \ub300\ud55c \ud22c\uc790\uc790\ub4e4\uc758 \uae30\ub300\uac00 \ucee4\uc84c\uc74c\uc744 \ubc18\uc601\ud558\uba70, \uc7a5\uae30\uc801\uc73c\ub85c\ub294 \ucc44\ubb34 \uc7ac\uc870\uc815\uacfc \uad6d\uc81c \uae08\uc735\uc2dc\uc7a5\uc73c\ub85c\uc758 \uc810\uc9c4\uc801 \ubcf5\uadc0\uac00 \uac00\ub2a5\ud574\uc9c8 \uc218 \uc788\uc74c\uc744 \uc2dc\uc0ac\ud55c\ub2e4. \uc774\ub7ec\ud55c \ud750\ub984\uc740 \ubbf8\uad6d\uc774 \ubca0\ub124\uc218\uc5d8\ub77c \uc815\uad8c\uc5d0 \ub300\ud55c \uac15\uacbd \ub178\uc120\uc744 \uac15\ud654\ud558\uba74\uc11c \ub354\uc6b1 \uac00\uc18d\ud654\ub418\uc5c8\ub294\ub370, \ucd08\uae30\uc5d0\ub294 \uad70\uc0ac\uc801 \ucc28\uc6d0\uc758 \uc2e0\ud638\uac00 \uc788\uc5c8\uace0 \uc774\ud6c4\uc5d0\ub294 \ub9c8\ub450\ub85c \uccb4\ud3ec\uc5d0 \ub300\ud55c \ud604\uc0c1\uae08 \ubc1c\ud45c\ub85c \uc774\uc5b4\uc84c\ub2e4.
    \ube44\ub85d \uae08\uc735 \uc815\uc0c1\ud654\uae4c\uc9c0\ub294 \uc544\uc9c1 \uac08 \uae38\uc774 \uba40\uc5b4 \ubcf4\uc774\uc9c0\ub9cc, \uc2dc\uc7a5\uc740 \uc774\ubbf8 \uc815\uce58\uc801 \ubc29\ud5a5 \uc804\ud658 \uac00\ub2a5\uc131\uc744 \uac00\uaca9\uc5d0 \ubc18\uc601\ud558\uae30 \uc2dc\uc791\ud588\ub2e4. \uc9c0\uc815\ud559\uc801 \uae34\uc7a5\uc740 \ud5e4\uc9c0(\uc548\uc804\uc790\uc0b0) \uc790\uc0b0\uc5d0 \ub300\ud55c \uad00\uc2ec\ub3c4 \ud568\uaed8 \ub04c\uc5b4\uc62c\ub838\ub2e4. \uadc0\uae08\uc18d\uc740 \ub2ec\ub7ec\uac00 12\uc6d4 \ub0b4\ub0b4 \uc774\uc5b4\uc84c\ub358 \ud558\ub77d \uc774\ud6c4 \uc77c\uc2dc\uc801\uc73c\ub85c \ubc18\ub4f1\ud558\ub294 \uad6d\uba74\uc5d0\uc11c \uc8fc\uc694 \ud53c\ub09c\ucc98 \uc790\uc0b0\uc73c\ub85c \ubd80\uac01\ub418\uace0 \uc788\ub2e4. \uc774\ub294 \uc8fc\ub9d0\uc5d0 \ubc1c\ud45c\ub420 \uace0\uc6a9\uc9c0\ud45c\ub97c \uc55e\ub454 \ub300\uae30 \uc2ec\ub9ac\uc640\ub3c4 \ub9de\ubb3c\ub9b0 \uacb0\uacfc\ub2e4.
    \ubca0\ub124\uc218\uc5d8\ub77c\uc0b0 \uc6d0\uc720\ub294 \uae00\ub85c\ubc8c \uc2dc\uc7a5\uc5d0\uc11c \ucc28\uc9c0\ud558\ub294 \ube44\uc911\uc774 \uc81c\ud55c\uc801\uc774\uc9c0\ub9cc, \uc81c\uc7ac\uac00 \ud55c\uce35 \uac15\ud654\ub420 \uacbd\uc6b0 \ube0c\ub80c\ud2b8\uc720\uc640 WTI (\ud14d\uc0ac\uc2a4\uc8fc \uc0dd\uc0b0 \uace0\ud488\uc9c8 \uacbd\uc9c8\uc720) \uac00\uaca9\uc774 \ub2e8\uae30\uc801\uc774\uace0 \uc81c\ud55c\uc801\uc778 \uc0c1\uc2b9\uc744 \ubcf4\uc77c \uac00\ub2a5\uc131\uc740 \uc788\ub2e4. \ub3d9\uc2dc\uc5d0 \ubc29\uc704\uc0b0\uc5c5 \ubc0f \uae08\uc18d \uad00\ub828 \uc8fc\uc2dd\ub4e4\uc740 \uac08\ub4f1 \uad6d\uba74\uc5d0\uc11c \uc218\uc694\uac00 \ub298\uc5b4\ub098\ub294 \uacbd\ud5a5\uc744 \ubcf4\uc778\ub2e4.
    <\/li>\n\n\n\n
  2. \uae08\ub9ac \ubd88\uc548\uacfc \ub2ec\ub7ec \ud45c\uc2dc \ubd80\ucc44 \uc0c1\ud658\uc5d0 \ub300\ud55c \uc2dc\uc7a5\uc758 \uae30\ub300
    \ucd5c\uadfc \uba70\uce60 \uc0ac\uc774 \uae08\ub9ac\uc758 \ud750\ub984\uc774 \ub2e4\uc2dc \uae08\uc735\uc2dc\uc7a5\uc758 \uc911\uc2ec \uc774\uc288\ub85c \ub5a0\uc62c\ub790\ub2e4. \uc5f0\ub9d0\uc5f0\uc2dc \ud734\uc77c\ub85c \uac70\ub798\uac00 \uc704\ucd95\ub41c \uc0c1\ud669\uc5d0\uc11c\ub3c4 \ubcc0\ub3d9\uc131\uc740 \uac15\ud558\uac8c \ub098\ud0c0\ub0ac\ub294\ub370, \ud2b9\ud788 \ucf5c\u00b7\ub808\ud3ec(\ub2e8\uae30\uc790\uae08) \uc2dc\uc7a5\uc5d0\uc11c\ub294 \uae08\ub9ac\uac00 \uc5f0 100%\uc5d0 \uac00\uae4c\uc6b4 \uc218\uc900\uae4c\uc9c0 \ud615\uc131\ub418\uc5c8\ub2e4. \uc774\ub294 \uc720\ub3d9\uc131 \ubd80\uc871\uacfc \ub2e8\uae30\uc801\uc73c\ub85c \uc7ac\ubb34\uccad \uad6d\ucc44 \uc785\ucc30\uc774 \uc5c6\ub2e4\ub294 \uc810\uc744 \ubc18\uc601\ud55c\ub2e4.
    \uc774\uc640 \ub3d9\uc2dc\uc5d0 \uc2dc\uc7a5\uc740 \uc0c8\ub85c\uc6b4 \ud658\uc728 \uc81c\ub3c4\uc758 \uc791\ub3d9 \uc5ec\ubd80\ub97c \uc2dc\ud5d8\ud558\uba74\uc11c, \ud1b5\ud654 \ubd80\ubb38\uacfc \uae08\uc735 \ubd80\ubb38 \ubaa8\ub450\uc5d0\uc11c \ud5a5\ud6c4 \uae34\uc7a5\uc774 \ubc1c\uc0dd\ud560 \uc218 \uc788\ub294 \uc9c0\uc810\uc744 \uc810\uac80\ud558\uace0 \uc788\ub2e4. \ub610\ud55c \uac00\uae4c\uc6b4 \uc678\ucc44 \uc0c1\ud658 \uc77c\uc815\uc5d0\ub3c4 \uad00\uc2ec\uc774 \uc9d1\uc911\ub418\uace0 \uc788\ub2e4.
    \uc624\ub294 1\uc6d4 9\uc77c, \uc57d 42\uc5b5 \ub2ec\ub7ec \uaddc\ubaa8\uc758 \ubcf4\ub098\ub974(Bonares) \ubc0f \uae00\ub85c\ubc8c(Globales) \uad6d\ucc44\uac00 \ub9cc\uae30\ub97c \ub9de\ub294\ub2e4. \uc2dc\uc7a5\uc758 \ucd08\uc810\uc740 \uc815\ubd80\uac00 \uc774 \uc0c1\ud658\uc744 \uc774\ud589\ud558\uae30 \uc704\ud574 \uc5b4\ub5a4 \uc804\ub7b5\uc744 \uc120\ud0dd\ud560\uc9c0\uc5d0 \ub9de\ucdb0\uc838 \uc788\ub2e4. \ud2b9\ud788 \uc7ac\ubb34\uccad\uc774 \ud544\uc694\ud55c \ub2ec\ub7ec\ub97c \ud655\ubcf4\ud558\uae30 \uc704\ud574 \ub808\ud3ec(REPO, \ud658\ub9e4\uc870\uac74\ubd80\ucc44\uad8c) \uac70\ub798\ub97c \ud65c\uc6a9\ud560 \uac00\ub2a5\uc131\uc5d0 \uc2dc\uc7a5\uc740 \uc8fc\ubaa9\ud558\uace0 \uc788\ub2e4. \uc774\ub294 \uc678\ucc44 \uc0c1\ud658\uc744 \ud070 \ucda9\uaca9 \uc5c6\uc774 \ub118\uae30\uae30 \uc704\ud55c \uc218\ub2e8\uc73c\ub85c \uac70\ub860\ub41c\ub2e4.
    \ud55c\ud3b8, Infobae \uc2e0\ubb38\uc5d0 \uc2e4\ub9b0 \ubd84\uc11d\uc5d0 \ub530\ub974\uba74 \uc815\ubd80\ub294 2026\ub144 \uc608\uc0b0\uc548 \uc2b9\uc778\uc774\ub77c\ub294 \uc815\uce58\u00b7\uacbd\uc81c\uc801\uc73c\ub85c \uc911\uc694\ud55c \uc131\uacfc\ub97c \uac70\ub450\uba70 \uc9d1\uad8c 2\ub144 \ucc28\ub97c \ub9c8\ubb34\ub9ac\ud588\ub2e4. \uc774\ub294 \uc2dc\uc7a5\uc5d0 \uae0d\uc815\uc801\uc778 \uc2e0\ud638\ub85c \ubc1b\uc544\ub4e4\uc5ec\uc9c4\ub2e4.
    \uadf8\ub7fc\uc5d0\ub3c4 \ubd88\uad6c\ud558\uace0 \uc2dc\uc7a5\uc758 \uad00\uc2ec\uc740 \uc5ec\uc804\ud788 \uc7ac\ubb34\uccad\uc758 \ub2ec\ub7ec \ubcf4\uc720 \ud655\ub300 \ub2a5\ub825\uacfc \ud5a5\ud6c4 \uc678\ucc44 \uc0c1\ud658 \uc77c\uc815(1\uc6d4 9\uc77c 42\uc5b5 \ub2ec\ub7ec)\uc5d0 \uc9d1\uc911\ub418\uc5b4 \uc788\ub2e4. \uc608\uc0b0 \uc2b9\uc778\uc73c\ub85c \uacbd\uc81c\ubd80\ub294 \uc678\uad6d\ubc95 \uc801\uc6a9 \ud558\uc5d0 \ub2ec\ub7ec \ud45c\uc2dc \ubd80\ucc44 \ubc1c\ud589\uc744 \ucd94\uc9c4\ud560 \uc218 \uc788\uac8c \ub418\uc5c8\uc73c\uba70, \uc774\ub294 \uad6d\uac00\uc704\ud5d8\ub3c4 \ud558\ub77d\uacfc \ub354 \ub098\uc740 \uae08\ub9ac \uc870\uac74\uc5d0\uc11c\uc758 \ucc28\ud658(\ub864\uc624\ubc84)\uc744 \ubaa9\ud45c\ub85c \ud55c \uc804\ub7b5\uc758 \uc77c\ud658\uc774\ub2e4.
    \uc815\ubd80\ub294 \uc774\ub97c \ud1b5\ud574 \ub2ec\ub7ec \ubd80\ucc44\uc5d0 \ub300\ud55c \ubd80\ub2f4\uc744 \uc810\uc9c4\uc801\uc73c\ub85c \uad00\ub9ac\ud558\ub824\ub294 \uc758\uc9c0\ub97c \ubcf4\uc774\uace0 \uc788\ub2e4.
    <\/li>\n\n\n\n
  3. 2025\ub144 \ubb3c\uac00\uc0c1\uc2b9\ub960: \ucd5c\uadfc 8\ub144 \uc911 \ucd5c\uc800 \uc218\uc900
    \uc5f0\ub9d0 \uacf5\uc2dd \uc218\uce58\uac00 \uc544\uc9c1 \ubc1c\ud45c\ub418\uc9c0 \uc54a\uc558\uc9c0\ub9cc, 2025\ub144 \ub204\uc801 \uc778\ud50c\ub808\uc774\uc158\uc740 2017\ub144 \uc774\ud6c4 \uac00\uc7a5 \ub0ae\uc740 \uc218\uc900\uc5d0\uc11c \ub9c8\uac10\ud588\uc744 \uac00\ub2a5\uc131\uc774 \ud06c\ub2e4. 2024\ub144\uacfc \ub9c8\ucc2c\uac00\uc9c0\ub85c, \uac00\uaca9 \ud750\ub984\uc740 \uc7ac\ud654\uc640 \uc11c\ube44\uc2a4 \uac04\uc758 \ub69c\ub837\ud55c \ucc28\uc774\ub97c \ub2e4\uc2dc \ud55c \ubc88 \ubcf4\uc5ec\uc8fc\uc5c8\ub2e4.
    \uc11c\ube44\uc2a4 \uac00\uaca9\uc774 \uc0c1\uc2b9\uc744 \uc8fc\ub3c4\ud588\ub294\ub370, \uc774\ub294 \uc8fc\ub85c \uacf5\uacf5\uc694\uae08\uacfc \uc784\ub300\ub8cc \uc778\uc0c1\uc5d0 \uae30\uc778\ud588\uc73c\uba70, \uc8fc\uac70\u00b7\uc218\ub3c4\u00b7\uc804\uae30\u00b7\uac00\uc2a4\u00b7\uc5f0\ub8cc \ud56d\ubaa9\uc774 \uc9c0\uc218 \ub0b4\uc5d0\uc11c \uac00\uc7a5 \ud070 \uc0c1\uc2b9\ub960\uc744 \uae30\ub85d\ud588\ub2e4. \ubc18\uba74 \uc758\ub958\uc640 \uac00\uc815\uc6a9\ud488 \ub4f1 \uc7ac\ud654 \ubd80\ubb38\uc740 \uc0c1\ub300\uc801\uc73c\ub85c \uc644\ub9cc\ud55c \uc0c1\uc2b9\uc744 \ubcf4\uc600\ub294\ub370, \uc774\ub294 \ubb34\uc5ed \uac1c\ubc29\uc758 \uc601\ud5a5\ub3c4 \uc77c\ubd80 \ubc18\uc601\ub41c \uacb0\uacfc\ub2e4.
    \uc2dd\ub8cc\ud488\uc740 \uc18c\ube44\uc790\ubb3c\uac00\uc9c0\uc218(IPC)\uc5d0\uc11c \uac00\uc7a5 \ube44\uc911\uc774 \ud070 \ud56d\ubaa9\uc784\uc5d0\ub3c4 \ubd88\uad6c\ud558\uace0 \uc804\uccb4 \ud3c9\uade0\uacfc \uac70\uc758 \ube44\uc2b7\ud55c \ud750\ub984\uc744 \ubcf4\uc600\ub2e4.
    \uc774\ub7ec\ud55c \uc7ac\ud654\u00b7\uc11c\ube44\uc2a4 \uac04 \uaca9\ucc28\ub294 2026\ub144 \ucd08 INDEC\uac00 \uc801\uc6a9\ud560 \uc0c8\ub85c\uc6b4 \ubb3c\uac00 \uc0b0\uc815 \ubc29\uc2dd\uacfc \ub9de\ubb3c\ub824 \ub354\uc6b1 \uc911\uc694\ud574\uc9c8 \uc804\ub9dd\uc774\ub2e4. \uae30\uc900 \uc18c\ube44 \ubc14\uad6c\ub2c8\uac00 2004\/2005\ub144 \uac00\uacc4\uc870\uc0ac\uc5d0\uc11c 2017\/2018\ub144 \uc870\uc0ac\ub85c \ubcc0\uacbd\ub418\uba70, \uc8fc\uac70\u00b7\uad50\ud1b5\u00b7\ud1b5\uc2e0\uc758 \ube44\uc911\uc740 \ucee4\uc9c0\uace0 \uc2dd\ud488 \ubc0f \uc77c\ubd80 \uc7ac\ud654\uc758 \uc0c1\ub300\uc801 \ube44\uc911\uc740 \ub0ae\uc544\uc9c8 \uc608\uc815\uc774\ub2e4.
    Wise Capital \ud22c\uc790\ud68c\uc0ac\ub294 12\uc6d4 \ubb3c\uac00\uac00 \ube44\uacc4\uc808 \uc2dd\uc74c\ub8cc \uac00\uaca9 \uc0c1\uc2b9 \ub454\ud654\uc758 \ub3c4\uc6c0\uc73c\ub85c \ub2e4\uc2dc \uac10\uc18d\ud588\ub2e4\uace0 \ud3c9\uac00\ud588\uc73c\ub098, \uc721\ub958\uc640 \uaddc\uc81c \uac00\uaca9 \ud56d\ubaa9\uc5d0\uc11c\ub294 \uc5ec\uc804\ud788 \uc0c1\uc2b9 \uc555\ub825\uc774 \ub0a8\uc544 \uc788\ub2e4\uace0 \ubd84\uc11d\ud588\ub2e4. \uc774 \uac19\uc740 \ubb3c\uac00 \ud750\ub984\uc740 \ud658\uc728 \ubc34\ub4dc \uc870\uc815\uc5d0\ub3c4 \ucc38\uace0 \uc9c0\ud45c\ub85c \ud65c\uc6a9\ub420 \uc804\ub9dd\uc774\uba70, 12\uc6d4 \ubb3c\uac00\ub294 2.4%, 2025\ub144 \uc5f0\uac04 \ubb3c\uac00\ub294 30.9%\ub85c \ub9c8\ubb34\ub9ac\ub420 \uac83\uc73c\ub85c \uc608\uc0c1\ub41c\ub2e4.
    <\/li>\n\n\n\n
  4. \uc2dc\uc7a5, \ubb3c\uac00 \uc5f0\ub3d9 \ud658\uc728 \ubc34\ub4dc \uc81c\ub3c4\uc758 \uc2dc\ud589 \uc55e\ub450\uace0 \ub300\ube44
    \ubb3c\uac00 \uc5f0\ub3d9 \ud658\uc728 \ubc34\ub4dc\uac00 \uc5c5\ub370\uc774\ud2b8\ub418\uae30 \uc9c1\uc804 \ub2e8\uacc4\uc5d0\uc11c, \uacf5\uc2dd \ub3c4\ub9e4\ud658\uc728\uc740 2025\ub144 \ud55c \ud574 \ub3d9\uc548 425\ud398\uc18c \uc0c1\uc2b9\ud558\uba70 \uc5f0\uac04 41.2%\uc758 \uc0c1\uc2b9\ub960\uc744 \uae30\ub85d\ud588\ub2e4. \uc5f0\ud3c9\uade0 \uae30\uc900\uc73c\ub85c\ub3c4 \ud658\uc728 \uc0c1\uc2b9\ub960\uc740 41.82%\uc5d0 \ub2ec\ud574, \uac19\uc740 \uae30\uac04 \uc57d 32%\ub85c \ucd94\uc815\ub418\ub294 \ubb3c\uac00\uc0c1\uc2b9\ub960\uc744 \ud06c\uac8c \uc0c1\ud68c\ud588\ub2e4.
    \uc774\ub85c \uc778\ud574 \ud658\uc728\uc740 \uc18c\ube44\uc790\ubb3c\uac00\uc9c0\uc218(IPC) \ub300\ube44 \uc57d 10%\ud3ec\uc778\ud2b8 \uc218\uc900\uc758 \uc2e4\uc9c8\uc801 \uc808\uc0c1\uc744 \ub098\ud0c0\ub0c8\ub2e4.
    12\uc6d4 \ub3d9\uc548\uc5d0\ub294 \ube44\uad50\uc801 \ud658\uc728 \uc548\uc815 \uad6d\uba74\uc774 \uc720\uc9c0\ub418\uc5c8\uc73c\uba70, \uacf5\uc2dd \ub2ec\ub7ec\ub294 \ud55c \ub2ec\uac04 0.24% \uc0c1\uc2b9\ud558\ub294 \ub370 \uadf8\ucce4\ub2e4.
    \uadf8\ub7ec\ub098 \uc2dc\uc7a5\uc758 \uad00\uc2ec\uc740 \uc774\ubbf8 1\uc6d4\ub85c \uc774\ub3d9\ud588\ub2e4. 1\uc6d4\ubd80\ud130\ub294 \ubb3c\uac00\uc5d0 \uc5f0\ub3d9\ub41c \uc0c8\ub85c\uc6b4 \ud658\uc728 \ubc34\ub4dc \uc870\uc815 \uba54\ucee4\ub2c8\uc998\uc774 \uc801\uc6a9\ub418\uae30 \ub54c\ubb38\uc774\ub2e4. \uc774\ub7ec\ud55c \ub9e5\ub77d\uc5d0\uc11c, \uc6d4\uc694\uc77c \ub9c8\uc9c0\ub9c9 \uac70\ub798\uc77c\uae4c\uc9c0 \uc7ac\ubb34\uccad\uc740 MULC(\ub2e8\uc77c\u00b7\uc790\uc720 \uc678\ud658\uc2dc\uc7a5)\uc5d0 \uc9c0\uc18d\uc801\uc73c\ub85c \uac1c\uc785\ud558\uba70 \uc678\ud658 \uacf5\uae09\uc744 \uac15\ud654\ud588\uace0, \uc9c0\uc218\ud654 \uc774\uc804\uc5d0 \ud658\uc728\uc774 \ubc34\ub4dc \uc0c1\ub2e8\uc5d0 \uc811\uadfc\ud558\ub294 \uac83\uc744 \ucc28\ub2e8\ud558\ub294 \ub370 \uc8fc\ub825\ud588\ub2e4.
    \uc774 \uc804\ub7b5\uc740 \uc591\uc790 \uac04 \uac70\ub798\ub97c \ud1b5\ud55c \ub300\uaddc\ubaa8 \ub2ec\ub7ec \ub9e4\uc785\uacfc, \uacf5\uc2dd \uc2dc\uc7a5\uc5d0\uc11c\uc758 \ubd80\ubd84\uc801 \ub2ec\ub7ec \ub9e4\ub3c4\ub97c \ubcd1\ud589\ud558\ub294 \ubc29\uc2dd\uc774\uc5c8\ub2e4. \ubaa9\uc801\uc740 \uac00\uaca9 \uc548\uc815\uc744 \uc720\uc9c0\ud558\ub294 \ub370 \uc788\uc5c8\ub2e4.
    \ub610\ud55c IPC\uc5d0 \uc5f0\ub3d9\ub41c \ud658\uc728 \ubc34\ub4dc\uc758 \uc2dc\ud589\uc740 \uc778\ud50c\ub808\uc774\uc158 \uce21\uc815 \ubc29\uc2dd\uc758 \uc911\uc694\ud55c \ubcc0\ud654\uc640\ub3c4 \ub9de\ubb3c\ub9b0\ub2e4. 1\uc6d4\ubd80\ud130 \uad6d\uac00\ud1b5\uacc4\uccad(INDEC)\uc740 \uc0c8\ub85c\uc6b4 \uc18c\ube44\uc790\ubb3c\uac00\uc9c0\uc218\ub97c \ubc1c\ud45c\ud558\uae30 \uc2dc\uc791\ud558\uc9c0\ub9cc, \ud574\ub2f9 \ubcc0\ud654\uac00 \ud658\uc728 \uc81c\ub3c4\uc5d0 \uc2e4\uc81c\ub85c \ubc18\uc601\ub418\ub294 \uc2dc\uc810\uc740 \ub450 \ub2ec \uc804 \ubb3c\uac00\ub97c \uae30\uc900\uc73c\ub85c \ubc34\ub4dc \uc0c1\u00b7\ud558\ub2e8\uc774 \uc870\uc815\ub418\ub294 \uad6c\uc870 \ub54c\ubb38\uc5d0 3\uc6d4\ubd80\ud130\uac00 \ub420 \uc804\ub9dd\uc774\ub2e4.
    \ud55c\ud3b8, \uae08\uc694\uc77c \uae30\uc900 \uacf5\uc2dd \ub3c4\ub9e4\ud658\uc728\uc740 1,475\ud398\uc18c\ub85c \ub9c8\uac10\ud588\ub2e4. \uae08\uc735 \ub2ec\ub7ec\uc758 \uacbd\uc6b0,
    MEP \ud658\uc728\uc740 1,506.21\ud398\uc18c(\uaca9\ucc28 2.12%),
    CCL \ud658\uc728\uc740 1,545.64\ud398\uc18c(\uaca9\ucc28 4.79%)\ub97c \uae30\ub85d\ud588\ub2e4.
    <\/li>\n\n\n\n
  5. \uad6d\uac00\uc704\ud5d8\ub3c4 2018\ub144 \uc774\ud6c4 \ucd5c\uc800 \uc218\uc900 \uae30\ub85d
    2026\ub144 \uccab \uac70\ub798\uc77c\uc740 \uc2dc\uc7a5\uc5d0 \uc804\ubc18\uc801\uc73c\ub85c \uae0d\uc815\uc801\uc778 \ud750\ub984\uc744 \ub0a8\uacbc\ub294\ub370, \uc774\ub294 1\uc6d4 9\uc77c \uc608\uc815\ub41c 43\uc5b5 \ub2ec\ub7ec \uaddc\ubaa8\uc758 \ucc44\ubb34 \uc0c1\ud658\uc5d0 \ub300\uc751\ud558\uae30 \uc704\ud55c \uc815\ubd80 \uc804\ub7b5\uc774 \ubd80\ubd84\uc801\uc73c\ub85c \uac00\uc2dc\ud654\ub418\uc5c8\uae30 \ub54c\ubb38\uc774\ub2e4.
    \uc774\ub7ec\ud55c \ubc30\uacbd \uc18d\uc5d0\uc11c \uad6d\uac00\uc704\ud5d8\ub3c4\ub294 \ud575\uc2ec \uc800\ud56d\uc120\uc744 \ud558\ud5a5 \ub3cc\ud30c\ud558\uba70 553bp\ub85c \ub9c8\uac10\ud588\ub2e4. \uc774\ub294 \ud558\ube44\uc5d0\ub974 \ubc00\ub808\uc774 \uc815\ubd80 \ub4e4\uc5b4 \ucd5c\uc800\uce58\uc774\uc790, \ub9c8\uc6b0\ub9ac\uc2dc\uc624 \ub9c8\ud06c\ub9ac \uc815\ubd80 \ub9d0\uae30\uc778 2018\ub144 7\uc6d4 \uc774\ud6c4 \uac00\uc7a5 \ub0ae\uc740 \uc218\uc900\uc774\ub2e4.
    \ucc44\uad8c \uc2dc\uc7a5\uc5d0\uc11c\ub294 \uad6d\ucc44 \uac00\uaca9\uc774 \uc5c7\uac08\ub9b0 \ud750\ub984\uc744 \ubcf4\uc600\ub2e4.
    \uc6d4\uac00\uc5d0\uc11c\ub294 \ucc44\uad8c \uac00\uaca9\uc774 \ud3c9\uade0 0.2% \uc0c1\uc2b9\ud55c \ubc18\uba74, \uad6d\ub0b4 \uc2dc\uc7a5\uc5d0\uc11c\ub294 \ubcf4\ub098\ub974(\uad6d\ucc44)\uac00 \ucd5c\ub300 1.2% \ud558\ub77d, \ud2b9\ud788 AL35\uac00 \ud558\ub77d\uc744 \uc8fc\ub3c4\ud588\ub2e4.
    \uac00\uc7a5 \uc88b\uc740 \uc131\uacfc\ub294 \uad6d\ub0b4 \uc8fc\uc2dd\uc2dc\uc7a5\uc5d0\uc11c \ub098\ud0c0\ub0ac\ub2e4. \ub2ec\ub7ec \uae30\uc900 \uba54\ub974\ubc1c \uc9c0\uc218\ub294 1.1% \uc0c1\uc2b9\ud588\ub2e4. \ubc18\uba74 \ub274\uc695 \uc99d\uc2dc\uc5d0\uc11c \uac70\ub798\ub418\ub294 \uc544\ub974\ud5e8\ud2f0\ub098 \uae30\uc5c5 ADR\uc740 \ud558\ub8e8 \ub3d9\uc548 \ub69c\ub837\ud55c \ubc29\ud5a5\uc131 \uc5c6\uc774 \ud63c\uc870\uc138\ub97c \ubcf4\uc600\ub2e4.
    <\/li>\n\n\n\n
  6. 2025\/26 \ub18d\uc5c5 \uc218\ud655\ub7c9 \uc0ac\uc0c1 \ucd5c\uace0\uce58 \uae30\ub85d \uc804\ub9dd
    2025\/26 \ub18d\uc5c5 \ucea0\ud398\uc778\uc740 \uc544\ub974\ud5e8\ud2f0\ub098\uc5d0\uc11c \uc0c8\ub85c\uc6b4 \uc0dd\uc0b0 \uae30\ub85d\uc744 \uc138\uc6b8 \uac00\ub2a5\uc131\uc774 \ud06c\ub2e4. \uc804\uccb4 \uace1\ubb3c \uc0dd\uc0b0\ub7c9\uc740 \uc57d 1\uc5b5 5,500\ub9cc \ud1a4\uc5d0 \ub2ec\ud560 \uac83\uc73c\ub85c \uc608\uc0c1\ub418\uba70, \uc774\ub294 \uc804\ub144 \ub300\ube44 11.8% \uc99d\uac00\ud55c \uc218\uce58\ub2e4.
    \uc774\ub294 \uc591\ud638\ud55c \uae30\ud6c4 \uc5ec\uac74\uc73c\ub85c \ubc00\u00b7\uc625\uc218\uc218 \uc791\ud669\uc758 \uac15\ud55c \ud68c\ubcf5\uc5d0 \ud798\uc785\uc740 \uacb0\uacfc\ub2e4. \uad6d\uc81c \uac00\uaca9 \uc804\ub9dd\uc744 \ubc18\uc601\ud558\uba74, \ub18d\uc0b0\uc5c5 \ubcf5\ud569 \ubd80\ubb38\uc740 \uc57d 368\uc5b5 \ub2ec\ub7ec\uc758 \uc218\ucd9c\uc744 \ucc3d\ucd9c\ud560 \uac83\uc73c\ub85c \ubcf4\uc774\uba70, \uc774\ub294 \uc804 \uc2dc\uc98c \ub300\ube44 6\uc5b5 \ub2ec\ub7ec \uc99d\uac00\ud55c \uaddc\ubaa8\ub2e4.
    \uc218\ucd9c \ubd80\ubb38\uc5d0\uc11c\ub294 \ub300\ub450 \ubcf5\ud569\uccb4\uac00 \ub2e4\uc2dc \uc218\ucd9c 1\uc704\ub97c \ucc28\uc9c0\ud560 \uc804\ub9dd\uc774\uba70, \uace1\ubb3c \ubc0f \ubd80\uc0b0\ubb3c \ud310\ub9e4\ub85c 195\uc5b5 \ub2ec\ub7ec \uc774\uc0c1\uc758 \uc218\uc785\uc744 \uc62c\ub9b4 \uac83\uc73c\ub85c \uc608\uc0c1\ub41c\ub2e4.
    \uc625\uc218\uc218\ub294 \uc57d 82\uc5b5 \ub2ec\ub7ec, \ubc00\uc740 \uc57d 37\uc5b5 5\ucc9c\ub9cc \ub2ec\ub7ec, \ud574\ubc14\ub77c\uae30\ub294 \uc57d 25\uc5b5 \ub2ec\ub7ec\ub97c \uac01\uac01 \uae30\uc5ec\ud560 \uac83\uc73c\ub85c \ucd94\uc0b0\ub418\uba70, \uc774\ub294 \ub85c\uc0ac\ub9ac\uc624 \uc0c1\uacf5\ud68c\uc758\uc18c(BCR) \uc790\ub8cc\uc5d0 \uadfc\uac70\ud55c \uc218\uce58\ub2e4.
    \ubb3c\ub7c9 \uae30\uc900\uc73c\ub85c \ubcf4\uba74, \uace1\ubb3c\uacfc \ubd80\uc0b0\ubb3c \ucd1d\uc218\ucd9c\uc740 1\uc5b5 1\ucc9c\ub9cc \ud1a4\uc5d0 \ub2ec\ud574 \uad6d\uac00 \uc5ed\uc0ac\uc0c1 \ucd5c\ub300 \uaddc\ubaa8\uac00 \ub420 \uc804\ub9dd\uc774\ub2e4. \ub2e4\ub9cc, \uad6d\uc81c \ub18d\uc0b0\ubb3c \uac00\uaca9 \ud558\ub77d\uc740 \uc0dd\uc0b0 \uc99d\uac00\uac00 \uac00\uc838\uc62c \uac00\uce58 \uce21\uba74\uc758 \ud6a8\uacfc\ub97c \uc77c\ubd80 \uc0c1\uc1c4\ud560 \uac83\uc73c\ub85c \ubcf4\uc778\ub2e4. \uadf8\ub7fc\uc5d0\ub3c4 \ubd88\uad6c\ud558\uace0 \uc774\ub294 \ucd5c\uadfc 3\ub144 \uc911 \uac00\uc7a5 \ub192\uc740 \uc218\uc900\uc758 \uc218\ucd9c \uac00\uce58\uac00 \ub420 \uac00\ub2a5\uc131\uc774 \ud06c\uc9c0\ub9cc, 2020\/21\ub144\uacfc 2021\/22\ub144\uc758 \uc815\uc810\uc5d0\ub294 \ubbf8\uce58\uc9c0 \ubabb\ud560 \uc804\ub9dd\uc774\ub2e4.
    <\/li>\n\n\n\n
  7. \uc911\uc559\uc740\ud589(BCRA) \ubbf8\uad6d\uacfc\uc758 \ud1b5\ud654 \uc2a4\uc651 \ud68c\uacc4 \ucc98\ub9ac \ubc29\uc2dd \ubcc0\uacbd
    2025\ub144 \ub9d0, \uc911\uc559\uc740\ud589\uc740 \ubbf8\uad6d\uacfc \uccb4\uacb0\ub41c \ud1b5\ud654 \uc2a4\uc651\uc758 \ud68c\uacc4 \uc778\uc2dd \ubc29\uc2dd\uc5d0 \ubcc0\ud654\ub97c \ub3c4\uc785\ud588\ub2e4. \ud574\ub2f9 \uc2a4\uc651\uc740 \ub9cc\uae30\ub098 \uae08\ub9ac \ub4f1 \uc870\uac74\uc774 \uacf5\uc2dd\uc801\uc73c\ub85c \uacf5\uac1c\ub41c \uc801\uc774 \uc5c6\ub294 \uac70\ub798\ub2e4.
    \uc774\ub85c \uc778\ud574 \ud611\uc815\uc758 \uc2e4\uc81c \ubc94\uc704\ub294 \ud68c\uacc4\uc0c1 \ud6a8\uacfc\ub97c \ud1b5\ud574\uc11c\ub9cc \ucd94\uc815\ud560 \uc218\ubc16\uc5d0 \uc5c6\ub294 \uc0c1\ud669\uc774\ub2e4. \uc774\ub7ec\ud55c \ubd88\ud22c\uba85\uc131\uc740 \ubbf8\uad6d \uc758\ud68c\uc870\uc0ac\uad6d(CRS)\uc758 \ucd5c\uadfc \ubcf4\uace0\uc11c\uc5d0\uc11c\ub3c4 \uc9c0\uc801\ub418\uc5c8\uc73c\uba70, \ubbf8 \uc7ac\ubb34\ubd80\uc640 \uc544\ub974\ud5e8\ud2f0\ub098 \uc815\ubd80 \ubaa8\ub450 \ud611\uc815\uc758 \uc138\ubd80 \ub0b4\uc6a9\uacfc \uae30\uac04\uc744 \uacf5\uac1c\ud558\uc9c0 \uc54a\uc558\ub2e4\ub294 \uc810\uc774 \uac15\uc870\ub418\uc5c8\ub2e4.
    \ud574\ub2f9 \ubb38\uc11c\ub294 \ub610\ud55c 2025\ub144 10\uc6d4 \ub9d0 \uae30\uc900\uc73c\ub85c \uc544\ub974\ud5e8\ud2f0\ub098 \uc911\uc559\uc740\ud589\uc774 \uc57d 25\uc5b5 \ub2ec\ub7ec \uaddc\ubaa8\uc758 \uc2a4\uc651 \ub77c\uc778\uc744 \uc0ac\uc6a9\ud574 \ud398\uc18c\ub97c \ub2ec\ub7ec\ub85c \uad50\ud658\ud588\uc74c\uc744 \ud655\uc778\ud588\ub2e4.
    \uacf5\uc2dd\uc801\uc778 \uc124\uba85\uc774 \uc5c6\ub294 \uac00\uc6b4\ub370, \ud68c\uacc4 \ucc98\ub9ac \ubc29\uc2dd\uc758 \ubcc0\ud654\ub294 \uc544\ub974\ud5e8\ud2f0\ub098\uac00 \ud574\ub2f9 \uc758\ubb34\ub97c \uc0c1\ud658\ud558\uace0 \ub2e4\ub978 \uc7ac\uc6d0\uc744 \ud1b5\ud574 \uc774\ub97c \ucda9\ub2f9\ud588\uc744 \uac00\ub2a5\uc131\uc744 \uc2dc\uc0ac\ud55c\ub2e4. \ub2e4\ub9cc, \uc6b4\uc6a9 \ubc29\uc2dd\uc5d0 \ub300\ud55c \uacf5\uac1c \uc815\ubcf4\uac00 \uc5c6\uc5b4 \uc758\ubb38\uc740 \uc5ec\uc804\ud788 \ud574\uc18c\ub418\uc9c0 \uc54a\uc740 \uc0c1\ud0dc\ub2e4.
    <\/li>\n\n\n\n
  8. \ubc14\uce74 \ubb34\uc5d0\ub974\ud0c0(Vaca Muerta) \uad6d\uac00 \uc5d0\ub108\uc9c0 \ucd95\uc73c\ub85c \uc785\uc9c0 \ud655\uace0
    \ube44\uc804\ud1b5 \uc5d0\ub108\uc9c0 \uac1c\ubc1c \ubd80\ubb38\uc5d0\uc11c \ubc14\uce74 \ubb34\uc5d0\ub974\ud0c0\ub294
    \uc170\uc77c \uac1c\ubc1c\uc774 \uc2dc\uc791\ub41c \uc774\ud6c4 \uac00\uc7a5 \ub192\uc740 \uc6b4\uc601 \uc218\uc900\uc73c\ub85c 2025\ub144\uc744 \ub9c8\uac10\ud588\ub2e4.
    \uc5f0\uc911 \uc57d 2\ub9cc 4\ucc9c \uac74\uc758 \uc218\uc555 \ud30c\uc1c4\uac00 \uc218\ud589\ub418\uc5c8\uc73c\uba70, \uc774\ub294 \uc808\ub300\uc801 \uae30\ub85d\uc73c\ub85c,
    2016\ub144 \uc774\ud6c4 \ub204\uc801 10\ub9cc \uac74\uc758 \ud30c\uc1c4 \ub2ec\uc131\uae4c\uc9c0 \uc57d 1,500\uac74\ub9cc\uc744 \ub0a8\uaca8\ub454 \uc218\uc900\uc774\ub2e4.
    \uc774\uc640 \uac19\uc740 \ub192\uc740 \ud65c\ub3d9 \uc218\uc900\uc744 \ud1b5\ud574
    \uc6d0\uc720 \ud558\ub8e8 85\ub9cc 7,700\ubc30\ub7f4,
    \ucc9c\uc5f0\uac00\uc2a4 \ud558\ub8e8 1\uc5b5 2230\ub9cc \uc785\ubc29\ubbf8\ud130\uc758 \uc0dd\uc0b0\uc774 \uac00\ub2a5\ud574\uc84c\ub2e4.
    \uc774\ub7ec\ud55c \uc0dd\uc0b0 \uae09\uc99d\uc740 \ub300\uc678 \ubd80\ubb38\uc5d0 \uc9c1\uc811\uc801\uc778 \uc601\ud5a5\uc744 \ubbf8\ucce4\ub2e4.
    \uc5d0\ub108\uc9c0 \ubb34\uc5ed\uc218\uc9c0\ub294 \uc57d 70\uc5b5 \ub2ec\ub7ec\uc5d0 \ub2ec\ud558\ub294 \uc0ac\uc0c1 \ucd5c\ub300 \ud751\uc790\ub85c \uc5f0\ub9d0\uc744 \ub9c8\uac10\ud588\uc73c\uba70, \uc5d0\ub108\uc9c0 \ubd80\ubb38\uc740 \uc678\ud654 \ucc3d\ucd9c\uc758 \ud575\uc2ec \uc6d0\ucc9c \uc911 \ud558\ub098\ub85c \ud655\uace0\ud788 \uc790\ub9ac \uc7a1\uc558\ub2e4.
    \uc6b4\uc601 \ud6a8\uc728\uc131\uc758 \uac1c\uc120, \uc644\uacb0 \uc124\uacc4 \uae30\uc220\uc758 \ubc1c\uc804, \uadf8\ub9ac\uace0 \ub300\ud615 \uc0ac\uc5c5\uc790\ub4e4\uc758 \ube44\uc911 \ud655\ub300\uac00 \uc774 \uac19\uc740 \uc5ed\ub3d9\uc131\uc758 \uc0c1\ub2f9 \ubd80\ubd84\uc744 \uc124\uba85\ud558\uace0 \uc788\ub2e4.<\/li>\n<\/ol>\n","protected":false},"excerpt":{"rendered":"

    \uc624\ub298\uc758 \uacbd\uc81c<\/p>\n","protected":false},"author":6,"featured_media":11032,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_themeisle_gutenberg_block_has_review":false,"_joinchat":[],"footnotes":""},"categories":[23,25,61],"tags":[],"class_list":["post-11031","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-noticias-argentina","category-informes-economicos"],"_links":{"self":[{"href":"https:\/\/hanin.org.ar\/index.php?rest_route=\/wp\/v2\/posts\/11031","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hanin.org.ar\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hanin.org.ar\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hanin.org.ar\/index.php?rest_route=\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/hanin.org.ar\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=11031"}],"version-history":[{"count":1,"href":"https:\/\/hanin.org.ar\/index.php?rest_route=\/wp\/v2\/posts\/11031\/revisions"}],"predecessor-version":[{"id":11033,"href":"https:\/\/hanin.org.ar\/index.php?rest_route=\/wp\/v2\/posts\/11031\/revisions\/11033"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/hanin.org.ar\/index.php?rest_route=\/wp\/v2\/media\/11032"}],"wp:attachment":[{"href":"https:\/\/hanin.org.ar\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=11031"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hanin.org.ar\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=11031"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hanin.org.ar\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=11031"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}