{"id":11335,"date":"2026-02-04T16:02:41","date_gmt":"2026-02-04T19:02:41","guid":{"rendered":"https:\/\/hanin.org.ar\/?p=11335"},"modified":"2026-02-04T16:02:42","modified_gmt":"2026-02-04T19:02:42","slug":"%ec%98%a4%eb%8a%98%ec%9d%98-%ea%b2%bd%ec%a0%9c02%ec%9b%94-04%ec%9d%bc-2","status":"publish","type":"post","link":"https:\/\/hanin.org.ar\/?p=11335","title":{"rendered":"\uc624\ub298\uc758 \uacbd\uc81c(02\uc6d4 04\uc77c)"},"content":{"rendered":"\n
\"\"<\/figure>\n\n\n\n

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

    \n
  1. \uc678\ud658\ubcf4\uc720\uc561 \uacc4\uc18d \uc99d\uac00, \ud658\uc728 \uc548\uc815 \uad6d\uba74 \uc720\uc9c0
    \ucd5c\uadfc \uae08 \uac00\uaca9\uc758 \uc7ac\uc0c1\uc2b9\uc5d0 \ud798\uc785\uc5b4 \uc678\ud658\ubcf4\uc720\uc561\uc740 \ub2e4\uc2dc \uc99d\uac00\ud558\uba70 456\uc5b5 1,300\ub9cc \ub2ec\ub7ec\ub85c \ub9c8\uac10\ud588\ub2e4. \ud658\uc728 \uc2dc\uc7a5\uc740 \uc804\ubc18\uc801\uc73c\ub85c \uc548\uc815\uc801\uc778 \ud750\ub984\uc744 \uc720\uc9c0\ud558\uace0 \uc788\uc73c\uba70, \uacf5\uc2dd \ub3c4\ub9e4\ud658\uc728\uc740 1,446\ud398\uc18c\uc5d0 \ub9c8\uac10\ud588\ub2e4. \ube14\ub8e8 \ud658\uc728\uc740 1,450\ud398\uc18c, MEP\ub294 1,460.38\ud398\uc18c, CCL\uc740 1,493.04\ud398\uc18c \uc218\uc900\uc774\ub2e4.
    \ud658\uc728 \uac04 \uaca9\ucc28\ub294 \uc5ec\uc804\ud788 \ub9e4\uc6b0 \ub0ae\uc740 \uc218\uc900\uc744 \uc720\uc9c0\ud558\uace0 \uc788\ub294\ub370, \ube14\ub8e8 \ub300\ube44 0.28%, MEP \ub300\ube44 0.99%, CCL \ub300\ube44 3.25%\uc5d0 \ubd88\uacfc\ud558\ub2e4.
    \ud55c\ud3b8 \ud658\uc728 \ubc34\ub4dc\ub294 12\uc6d4 \ubb3c\uac00\uc0c1\uc2b9\ub960\uc744 \ubc18\uc601\ud574 2.8% \uc0c1\ud5a5 \uc870\uc815\ub418\uc5c8\uc73c\uba70, \uc0c1\ub2e8\uc740 1,567.85\ud398\uc18c\ub85c \uc62c\ub77c\uac14\ub2e4. \uc120\ubb3c\ud658 \uc2dc\uc7a5\uc5d0\uc11c\ub294 2\uc6d4\uacfc 3\uc6d4\uc5d0 \uac78\uccd0 \ube44\uad50\uc801 \ub69c\ub837\ud55c \ud558\ub77d\uc774 \ub098\ud0c0\ub0ac\ub294\ub370, \uac01\uac01 1,474\ud398\uc18c\uc640 1,512.5\ud398\uc18c \uc218\uc900\uc774\ub2e4.
    \uc774\ucc98\ub7fc \uc678\ud658\ubcf4\uc720\uc561 \ucd95\uc801 \uacfc\uc815\uc740 \uacc4\uc18d\ud574\uc11c \uac15\ud654\ub418\uace0 \uc788\uc73c\uba70, \uc774\ub294 \uae30\uc5c5 \ucc44\uad8c \ubc1c\ud589 \uc99d\uac00\uc5d0 \ub530\ub978 \uc678\ud654 \uc720\uc785, \uadf8\ub9ac\uace0 \ucd5c\uadfc\uc5d0\ub294 \uad6d\ucc44 \ubc1c\ud589\uc744 \ud1b5\ud55c \uc678\ud654 \uc720\uc785\uc774 \ub354\ud574\uc9c4 \uacb0\uacfc\ub2e4.
    <\/li>\n\n\n\n
  2. \uad6d\uac00\uc704\ud5d8\uc9c0\uc218\uc640 \uad6d\ucc44 \uac00\uaca9 \ub2e4\uc2dc \ubc18\ub4f1
    \uc6d4\uac00\uc5d0\uc11c\ub294 \uc804\ubc18\uc801\uc778 \ud558\ub77d\uc138\uac00 \ub098\ud0c0\ub0ac\ub2e4. S&P500\uc740 0.84% \ud558\ub77d\ud588\uace0, \ub098\uc2a4\ub2e5\uc740 1.43%, \ub2e4\uc6b0\uc874\uc2a4\ub294 0.34% \ud558\ub77d\ud588\ub2e4. \uc774\ub294 OpenAI\uac00 \uc5d4\ube44\ub514\uc544 \uce69\uc5d0 \ub300\ud55c \ub300\uc548\uc744 \ubaa8\uc0c9\ud558\uaca0\ub2e4\uace0 \ubc1c\ud45c\ud55c \uc774\ud6c4 \uae30\uc220\uc8fc \uc804\ubc18\uc5d0 \uacbd\uacc4\uc2ec\uc774 \ud655\uc0b0\ub41c \uc601\ud5a5\uc774\ub2e4.
    \uc774\uc640 \ud568\uaed8 \ud22c\uc790\uc790\ub4e4\uc740 \uc2e0\ud765\uad6d \uc2dc\uc7a5\uacfc \uae30\ud0c0 \uc548\uc804\uc790\uc0b0\uc73c\ub85c \uc790\uae08\uc744 \ub2e4\uc2dc \uc774\ub3d9\uc2dc\ucf30\uace0, \uadf8 \uacb0\uacfc \uae08\uacfc \uc740 \uac00\uaca9\uc774 \ub2e4\uc2dc \ud070 \ud3ed\uc73c\ub85c \uc0c1\uc2b9\ud588\ub2e4. \uae08\uc740 \ucd5c\ub300 6%, \uc740\uc740 11%\uae4c\uc9c0 \uc0c1\uc2b9\ud588\ub2e4.
    \uae30\uc220\uc8fc \uae30\uc5c5\ub4e4\uc740 \uc774\ubc88 \uc8fc \ub9d0 \uc2e4\uc801 \ubc1c\ud45c\ub97c \uc55e\ub450\uace0 \uc788\uc73c\uba70, \ub9ce\uc740 \ud22c\uc790\uc790\ub4e4\uc774 \uad00\ub9dd \uc790\uc138\ub97c \uc720\uc9c0\ud558\uace0 \uc788\ub2e4.
    \uad6d\ub0b4\uc801\uc73c\ub85c\ub294 INDEC (\uad6d\uac00\ud1b5\uacc4\uccad)\uc758 \uc2e0\ub8b0\ub3c4\uc5d0 \ub300\ud55c \ub17c\ub780\uc774 \uacc4\uc18d\ub418\uace0 \uc788\uc73c\uba70, \uce74\ud478\ud1a0 \uc7a5\uad00\uc774 \uad6d\uc81c \ucc44\uad8c \uc2dc\uc7a5 \ubcf5\uadc0\uc5d0 \ub300\ud55c \uacc4\ud68d\uc774 \uc5c6\ub2e4\uace0 \ubc1d\ud78c \ubc1c\uc5b8\ub3c4 \uc601\ud5a5\uc744 \ubbf8\ucce4\ub2e4. \uc774\ub85c \uc778\ud574 \uad6d\uc81c \ucc44\uad8c \uc2dc\uc7a5 \uc804\ubc18\uc774 \uc555\ubc15\uc744 \ubc1b\uc558\uace0, S&P \uba54\ub974\ubc1c \uc9c0\uc218\ub294 \ud398\uc18c \uae30\uc900\uc73c\ub85c 2.19%, \ub2ec\ub7ec \uae30\uc900\uc73c\ub85c\ub294 2.08% \ud558\ub77d\ud588\ub2e4.
    <\/li>\n\n\n\n
  3. \ub178\ub3d9\uac1c\ud601 \uad00\ub828 \uc8fc\uc9c0\uc0ac \ud68c\uc758 \uc911\ub2e8
    \uc758\ud68c\uc5d0\uc11c\uc758 \ubcf8\uaca9\uc801\uc778 \ub17c\uc758\uac00 \uc2dc\uc791\ub418\uae30 \uba70\uce60 \uc804\uc778 2\uc6d4 11\uc77c\uc744 \uc55e\ub450\uace0, \uc8fc\uc9c0\uc0ac\ub4e4\uc740 \uc18c\ub4dd\uc138 \uac1c\ud3b8 \ubc29\ud5a5\uc744 \ub17c\uc758\ud558\uae30 \uc704\ud55c \ud68c\uc758\ub97c \uc608\uc815\ud558\uace0 \uc788\uc5c8\uc73c\ub098, \uc815\uc871\uc218 \ubbf8\ub2ec\ub85c \ud68c\uc758\ub294 \uc5f4\ub9ac\uc9c0 \ubabb\ud588\uace0 \uacb0\uad6d \ucde8\uc18c\ub418\uc5c8\ub2e4.
    \uc8fc\uc9c0\uc0ac\ub4e4\uc774 \ud611\uc0c1 \uce74\ub4dc\ub85c \ud65c\uc6a9\ud558\ub824\ub294 \uc0ac\uc548 \uc911\uc5d0\ub294 \uc5f0\ub8cc\uc138 \ubc30\ubd84 \uad6c\uc870 \ubcc0\uacbd\uc774 \ud3ec\ud568\ub418\uc5b4 \uc788\uc73c\uba70, \uc774\ub294 \uc9c0\ubc29\uc815\ubd80\ub4e4\uc774 \uc138\uc218 \uacf5\uc720 \ud655\ub300\ub97c \uc694\uad6c\ud558\uace0 \uc788\ub294 \uc0ac\uc548\uc774\ub2e4. \uc774\uc640 \ud568\uaed8 \uacf5\uacf5\uc0ac\uc5c5, \uad6d\ub3c4, \uadf8\ub9ac\uace0 \uac01 \uc8fc\uc758 \uc5f0\uae08\uae30\uae08\uacfc \uad00\ub828\ub41c \uad6d\uac00 \ubd80\ucc44 \ubb38\uc81c\ub3c4 \ud611\uc0c1 \ud14c\uc774\ube14\uc5d0 \uc62c\ub77c\uc640 \uc788\ub2e4.
    \uc18c\ub4dd\uc138\ub294 \uacf5\ub3d9 \ubd84\ubc30 \uc138\ubaa9\uc774\uae30 \ub54c\ubb38\uc5d0 \uac01 \uc8fc \uc815\ubd80\uac00 \ud2b9\ud788 \uc6b0\ub824\ud558\uace0 \uc788\uc73c\uba70, \uc774\ub97c \ub300\uccb4\ud560 \uc0c8\ub85c\uc6b4 \uc7ac\uc6d0\uc774 \ud544\uc694\ud558\ub2e4\ub294 \uc785\uc7a5\uc774\ub2e4. \uc0c1\uc6d0\uc5d0\uc11c\ub294 \uaca9\ub82c\ud55c \ud611\uc0c1 \uc8fc\uac04\uc774 \uc608\uc0c1\ub418\uba70, \uacfc\ubc18 \ud655\ubcf4\ub97c \uc704\ud574 \uc815\ubd80 \uc5ec\ub2f9\uc740 \uac01 \uc8fc\uc9c0\uc0ac\ub4e4\uacfc\uc758 \ud611\uc0c1\uc774 \ubd88\uac00\ud53c\ud55c \uc0c1\ud669\uc774\ub2e4.
    <\/li>\n\n\n\n
  4. \ubbf8\uad6d \uc5f0\ubc29\uc815\ubd80 \ubd80\ubd84 \uc167\ub2e4\uc6b4 \uc885\ub8cc
    \ubbf8\uad6d \ud589\uc815\ubd80\ub294 \uc0c1\uc6d0\uc5d0\uc11c \ubbfc\uc8fc\ub2f9\uacfc \uc7ac\uc815 \ud569\uc758\uc5d0 \ub3c4\ub2ec\ud558\uba74\uc11c, \uae08\uc735\uc2dc\uc7a5\uc5d0 \uacbd\uc81c \uc9c0\ud45c \uacf5\ubc31\uc744 \ucd08\ub798\ud560 \uc218 \uc788\uc5c8\ub358 \uc5f0\ubc29\uc815\ubd80 \ubd80\ubd84 \uc167\ub2e4\uc6b4\uc744 \ub9c8\ubb34\ub9ac\ud588\ub2e4.
    \ub2e4\ub9cc \ud5a5\ud6c4 \ud574\uacb0\ud574\uc57c \ud560 \uacfc\uc81c\uac00 \ub450 \uac00\uc9c0 \ub0a8\uc544 \uc788\ub2e4. \uad6d\ud1a0\uc548\ubcf4\ubd80 \uc0b0\ud558 \uc774\ubbfc\uc138\uad00\ub2e8\uc18d\uad6d\uc740 2\uc6d4 13\uc77c\uae4c\uc9c0\uc758 \uc608\uc0b0\ub9cc \ud655\ubcf4\ub41c \uc0c1\ud0dc\uc774\uba70, \ub098\uba38\uc9c0 \uc815\ubd80 \ubd80\ucc98\ub294 9\uc6d4 30\uc77c\uae4c\uc9c0\uc758 \uc608\uc0b0\uc774 \uc2b9\uc778\ub41c \uc0c1\ud0dc\ub2e4.
    \uc774\ub85c \uc778\ud574 \ub2e4\uc74c \uc8fc \uc6d4\uc694\uc77c\uc5d0 \ubc1c\ud45c \uc608\uc815\uc774\uc5c8\ub358 \uace0\uc6a9 \ubcf4\uace0\uc11c\ub294 \uc9c0\uc5f0\ub420 \uc608\uc815\uc774\uba70, \uc9c0\ub09c\uc8fc\ubd80\ud130 \uc2dc\uc791\ub41c \uc138\uae08 \uc2e0\uace0 \uc2dc\uc98c\uc758 \uc815\uc0c1\uc801\uc778 \uc9c4\ud589\uc744 \uc704\ud574 \uc870\uc18d\ud55c \uc815\uc0c1\ud654\uac00 \uae30\ub300\ub418\uace0 \uc788\ub2e4.
    \uc774\ubbfc\uc138\uad00\ub2e8\uc18d\uad6d \uad00\ub828 \ud611\uc0c1\uc740 \ud5a5\ud6c4 2\uc8fc \ub3d9\uc548 \uacc4\uc18d\ub420 \uc608\uc815\uc774\uba70, \uc774 \uae30\uac04 \ub3d9\uc548 \uad6d\ud1a0\uc548\ubcf4\ubd80\uc758 \uc7ac\uc6d0 \uc870\ub2ec \ubb38\uc81c\uac00 \ucd5c\uc885\uc801\uc73c\ub85c \uacb0\uc815\ub420 \uc804\ub9dd\uc774\ub2e4.<\/li>\n<\/ol>\n","protected":false},"excerpt":{"rendered":"

    \uc624\ub298\uc758 \uacbd\uc81c<\/p>\n","protected":false},"author":6,"featured_media":11336,"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-11335","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\/11335","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=11335"}],"version-history":[{"count":1,"href":"https:\/\/hanin.org.ar\/index.php?rest_route=\/wp\/v2\/posts\/11335\/revisions"}],"predecessor-version":[{"id":11337,"href":"https:\/\/hanin.org.ar\/index.php?rest_route=\/wp\/v2\/posts\/11335\/revisions\/11337"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/hanin.org.ar\/index.php?rest_route=\/wp\/v2\/media\/11336"}],"wp:attachment":[{"href":"https:\/\/hanin.org.ar\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=11335"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hanin.org.ar\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=11335"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hanin.org.ar\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=11335"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}