{"id":11886,"date":"2026-03-18T18:26:03","date_gmt":"2026-03-18T21:26:03","guid":{"rendered":"https:\/\/hanin.org.ar\/?p=11886"},"modified":"2026-03-18T18:26:05","modified_gmt":"2026-03-18T21:26:05","slug":"%ec%98%a4%eb%8a%98%ec%9d%98-%ea%b2%bd%ec%a0%9c03%ec%9b%94-18%ec%9d%bc-2","status":"publish","type":"post","link":"https:\/\/hanin.org.ar\/?p=11886","title":{"rendered":"\uc624\ub298\uc758 \uacbd\uc81c(03\uc6d4 18\uc77c)"},"content":{"rendered":"\n
\"\"<\/figure>\n\n\n\n

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

    \n
  1. \ub3c4\ub9e4 \ubb3c\uac00 \uc778\ud50c\ub808\uc774\uc158 \uae09\ub77d
    \ub3c4\ub9e4 \ubb3c\uac00 \uc778\ud50c\ub808\uc774\uc158\uc740 2\uc6d4\uc5d0 \ud070 \ud3ed\uc758 \ub454\ud654\ub97c \uae30\ub85d\ud588\ub2e4. \uc774\ub294 \uc218\uc785 \uc81c\ud488 \uac00\uaca9 \ud558\ub77d\uacfc \uad6d\ub0b4 \uc0b0\uc5c5 \uc81c\ud488 \uac00\uaca9 \uc0c1\uc2b9\ud3ed \ucd95\uc18c\uc758 \uc9c1\uc811\uc801\uc778 \uacb0\uacfc\uc774\uba70, \uacf5\uc2dd \ud658\uc728 \ud558\ub77d\uc774 \uc774\ub7ec\ud55c \ud750\ub984\uc744 \uc124\uba85\ud574\uc900\ub2e4.
    \ud654\uc694\uc77c INDEC (\uad6d\uac00\ud1b5\uacc4\uccad) \ubcf4\uace0\uc11c\uc5d0 \ub530\ub974\uba74, \ub3c4\ub9e4\ubb3c\uac00\uc9c0\uc218(IPIM)\ub294 \uc62c\ud574 \ub450 \ubc88\uc9f8 \ub2ec\uc5d0 \ub2e8 1% \uc0c1\uc2b9\uc5d0 \uadf8\ucce4\ub2e4. \uc774\ub294 \ucd5c\uadfc 9\uac1c\uc6d4 \uc911 \uac00\uc7a5 \ub0ae\uc740 \uc218\uce58\uc774\uba70, 1\uc6d4 \ub300\ube44 0.7%\ud3ec\uc778\ud2b8 \uac10\uc18c\ud55c \uac83\uc774\ub2e4.
    \uc774 \ud558\ub77d \ud750\ub984\uc740 \uc8fc\ub85c \uc218\uc785 \uc81c\ud488 \ubd80\ubb38\uc5d0\uc11c -2.7%\uc758 \ubcc0\ub3d9\uc774 \ub098\ud0c0\ub09c \ub370 \uae30\uc778\ud55c\ub2e4. \uc774\ub294 IPIM \uce21\uc815 \uae30\uac04(1\uc6d4 15\uc77c~2\uc6d4 15\uc77c) \ub3d9\uc548 \uacf5\uc2dd \ud658\uc728 \ud3c9\uade0\uc774 \uc804\uc6d4 \ub300\ube44 1.8% \ud558\ub77d\ud558\uba74\uc11c \uc218\uc785 \ube44\uc6a9\uc774 \ub0ae\uc544\uc9c4 \uac83\uacfc \uc5f0\uacb0\ub41c\ub2e4.
    \ub3d9\uc2dc\uc5d0, \uad6d\ub0b4 \uc81c\uc870\uc5c5 \uc81c\ud488 \uac00\uaca9 \uc0c1\uc2b9\uc740 0.7%\uc5d0 \uadf8\ucce4\uc73c\uba70 \uc774\ub294 1\uc6d4 \uc0c1\uc2b9\ud3ed\uc758 \uc808\ubc18 \uc218\uc900\uc774\ub2e4. \uc774\ub85c \uc778\ud574 \uc18c\ube44\uc790\ubb3c\uac00\uc9c0\uc218(IPC)\uc640\uc758 \uaca9\ucc28\uac00 \ub69c\ub837\ud574\uc84c\ub294\ub370, IPC\ub294 \ucd5c\uadfc 9\uac1c\uc6d4 \ub3d9\uc548 \ub454\ud654\ub418\uc9c0 \ubabb\ud588\ub2e4.
    \uc911\uc694\ud55c \uc810\uc740 IPIM\uacfc IPC\uac00 \uc11c\ub85c \ub2e4\ub978 \uad6c\uc131\uc73c\ub85c \uce21\uc815\ub41c\ub2e4\ub294 \uac83\uc774\ub2e4. \uc18c\ube44\uc790\ubb3c\uac00\ub294 \uad6d\uc81c \uac70\ub798\uac00 \ubd88\uac00\ub2a5\ud55c \uc11c\ube44\uc2a4 \ube44\uc911\uc774 \ub192\uc740 \ubc18\uba74, \ub3c4\ub9e4\ubb3c\uac00\ub294 \uac70\ub798 \uac00\ub2a5\ud55c \uc0c1\ud488 \ube44\uc911\uc774 \ub192\uc544 \ud658\uc728 \ubcc0\ub3d9\uc5d0 \ud6e8\uc52c \ubbfc\uac10\ud558\ub2e4.
    \ucd5c\uadfc 12\uac1c\uc6d4 \uae30\uc900 \ub3c4\ub9e4 \uc778\ud50c\ub808\uc774\uc158\uc740 25.6%\ub97c \uae30\ub85d\ud574 \uac19\uc740 \uae30\uac04 \uc18c\ube44\uc790\ubb3c\uac00 \uc0c1\uc2b9\ub960 33.1%\ubcf4\ub2e4 \ub0ae\uc740 \uc218\uc900\uc5d0 \uba38\ubb3c\ub800\ub2e4.<\/li>\n\n\n\n
  2. \uc911\uc559\uc740\ud589, \ub2ec\ub7ec \ub9e4\uc218 \uc9c0\uc18d
    \uc911\uc559\uc740\ud589\uc740 \ud658\uc728 \uc2dc\uc7a5\uc5d0\uc11c 50\uac70\ub798\uc77c \uc5f0\uc18d \ub2ec\ub7ec \uc21c\ub9e4\uc218\ub97c \uae30\ub85d\ud558\uba70 \uc678\ud658\ubcf4\uc720\uc561 \ud655\ucda9\uc744 \uc704\ud55c \uc911\uc694\ud55c \uc774\uc815\ud45c\ub97c \ub2ec\uc131\ud588\ub2e4. \uc774\ub294 \uc62c\ud574 \uccab \uc601\uc5c5\uc77c\ubd80\ud130 \uc2dc\ud589\ub41c \ud658\uc728 \uc815\ucc45\uc758 \uacb0\uacfc\uc774\ub2e4.
    \uc774\ub0a0 \uc911\uc559\uc740\ud589\uc740 7,300\ub9cc \ub2ec\ub7ec\ub97c \ub9e4\uc218\ud558\uc5ec, \ud604 \uc815\ucc45 \uccb4\uc81c\uc5d0\uc11c \ub204\uc801 \uc21c\ub9e4\uc218 \uaddc\ubaa8\ub97c 32\uc5b5 5,300\ub9cc \ub2ec\ub7ec\ub85c \ud655\ub300\ud588\ub2e4.
    \uadf8\ub7ec\ub098 \uc774\ub7ec\ud55c \uc2dc\uc7a5 \uac1c\uc785\uc5d0\ub3c4 \ubd88\uad6c\ud558\uace0 \ucd1d \uc678\ud658\ubcf4\uc720\uc561\uc740 5\uc77c \uc5f0\uc18d \uac10\uc18c\uc138\ub97c \uc774\uc5b4\uac14\ub2e4. \uc774\ub0a0 \ucd1d \ubcf4\uc720\uc561\uc740 447\uc5b5 2100\ub9cc \ub2ec\ub7ec\ub85c \ub9c8\uac10\ub418\uc5c8\uc73c\uba70, 6,700\ub9cc \ub2ec\ub7ec \uac10\uc18c\ud588\ub2e4.
    \uc774 \uac10\uc18c\ub294 \uc8fc\ub85c \ubcf4\uc720 \uc790\uc0b0 \uac00\uaca9 \ud558\ub77d\uc5d0 \ub530\ub978 \uac83\uc774\ub2e4. \uacb0\uacfc\uc801\uc73c\ub85c \ucd1d \uc678\ud658\ubcf4\uc720\uc561\uc740 1\uc6d4 30\uc77c \uc774\ud6c4 \ucd5c\uc800 \uc218\uc900\uae4c\uc9c0 \ud558\ub77d\ud588\ub2e4.<\/li>\n\n\n\n
  3. \ud658\uc728 \uc2dc\uc7a5, 1,400\ud398\uc18c \uc544\ub798 \uc720\uc9c0
    \ubcc0\ub3d9\uc131\uc774 \ucef8\ub358 \ud558\ub8e8 \ub3d9\uc548 \ub3c4\ub9e4 \uacf5\uc2dd \ud658\uc728\uc740 1,396\ud398\uc18c\ub85c \ub9c8\uac10\ud558\uba70 \uc2dc\uc7a5\uc774 \uc911\uc694\ud558\uac8c \ubcf4\ub294 \uc2ec\ub9ac\uc801 \uae30\uc900\uc778 1,400\ud398\uc18c \uc544\ub798\ub97c \uc720\uc9c0\ud588\ub2e4.
    \uc774\ub7ec\ud55c \uc548\uc815 \ud750\ub984\uc740 \uae08\uc735 \ub2ec\ub7ec \uc2dc\uc7a5\uc5d0\ub3c4 \ubc18\uc601\ub418\uc5c8\ub2e4.
    MEP \ud658\uc728\uc740 1,417.30\ud398\uc18c(\uaca9\ucc28 1.53%)\ub85c \ub9c8\uac10\ud588\uace0, CCL \ud658\uc728\uc740 1,470.10\ud398\uc18c(\uaca9\ucc28 5.31%)\ub97c \uae30\ub85d\ud588\ub2e4.
    \uc804\uccb4\uc801\uc73c\ub85c \uc7a5 \ub9c8\uac10 \uc2dc\uc810\uc5d0 \ud658\uc728\uc740 \ube44\uad50\uc801 \uc881\uc740 \ubc94\uc704\uc5d0\uc11c \uc6c0\uc9c1\uc774\uba70 \uc548\uc815\uc801\uc778 \ud750\ub984\uc744 \ubcf4\uc600\ub2e4.<\/li>\n\n\n\n
  4. S&P \uba54\ub974\ubc1c \ubc0f \uad6d\ucc44 \uc0c1\uc2b9 (\uc5d0\ub108\uc9c0 \ubd80\ubb38 \uc8fc\ub3c4)
    \uae08\uc735\uc2dc\uc7a5 \uc804\ubc18\uc5d0 \ub099\uad00 \ubd84\uc704\uae30\uac00 \ud615\uc131\ub41c \uac00\uc6b4\ub370, \uc8fc\uc2dd\uc2dc\uc7a5\uc740 \uc0c1\uc2b9\uc138\ub97c \ubcf4\uc600\ub2e4. S&P \uba54\ub974\ubc1c \uc9c0\uc218\ub294 2% \uc774\uc0c1 \uc0c1\uc2b9\ud588\uc73c\uba70, \ubbf8\uad6d\uc5d0 \uc0c1\uc7a5\ub41c \uc544\ub974\ud5e8\ud2f0\ub098 ADR\ub3c4 \ub300\ubd80\ubd84 \uc0c1\uc2b9 \ub9c8\uac10\ud588\ub2e4.
    \uc8fc\ub3c4 \ubd80\ubb38\uc740 \uc5d0\ub108\uc9c0 \ubd84\uc57c\uc600\uc73c\uba70, \ud31c\ud30c \uc5d0\ub124\ub974\ud788\uc544\uac00 5.1% \uc0c1\uc2b9\ud558\uba70 \uc0c1\uc2b9\uc744 \uc774\ub04c\uc5c8\ub2e4.
    \uad6d\ucc44 \uc5ed\uc2dc \uc0c1\uc2b9 \ud750\ub984\uc744 \ubcf4\uc774\uba70 \uad6d\uac00 \ub9ac\uc2a4\ud06c\ub294 587bp\uae4c\uc9c0 \ud558\ub77d\ud588\ub2e4.
    \ucc44\uad8c \uad6c\uac04\ubcc4\ub85c \ubcf4\uba74, \ub2e8\uae30 \uad6c\uac04\uc740 0.3%~0.6% \uc0c1\uc2b9\ud588\uace0, \uc911\uae30 \uad6c\uac04\uc740 GD35, GD38 \ub4f1\uc758 \uae00\ub85c\ubc8c \ucc44\uad8c\uc774 \uac00\uc7a5 \uac15\ud55c \ud750\ub984\uc744 \ubcf4\uc600\ub2e4.<\/li>\n\n\n\n
  5. \uc804\uc7c1 \ubcc0\uc218 \uc18d\uc5d0\uc11c Fed \uc815\ucc45 \uacb0\uc815
    \ubbf8\uad6d \uc5f0\ubc29\uc900\ube44\uc81c\ub3c4(Fed)\ub294 \uc911\ub3d9 \ubd84\uc7c1\uc73c\ub85c \uc778\ud55c \ubd88\ud655\uc2e4\uc131\uc774 \ucee4\uc9c4 \uac00\uc6b4\ub370 \ud1b5\ud654\uc815\ucc45 \ud68c\uc758\ub97c \ub9c8\ubb34\ub9ac\ud560 \uc608\uc815\uc774\ub2e4.
    \uae08\ub9ac\ub294 \ub3d9\uacb0\ub420 \uac83\uc73c\ub85c \uc608\uc0c1\ub418\uc9c0\ub9cc, \uc0c8\ub85c\uc6b4 \uc815\ucc45 \uc131\uba85\uc744 \ud1b5\ud574 \uc804\uc7c1\uc774 \uacbd\uc81c \uc131\uc7a5\uacfc \uc778\ud50c\ub808\uc774\uc158 \uc804\ub9dd\uc5d0 \ubbf8\uce5c \uc601\ud5a5\uc744 \uc124\uba85\ud560 \uac83\uc73c\ub85c \ubcf4\uc778\ub2e4.
    \uc804\uc7c1 \uc885\ub8cc \uc2dc\uc810\uc774 \ubd88\ud655\uc2e4\ud55c \uc0c1\ud669\uc5d0\uc11c, \uc601\ud5a5\uc740 \ub2e4\uc74c \ubcc0\uc218\uc5d0 \ub530\ub77c \ub2ec\ub77c\uc9c8 \uac83\uc73c\ub85c \ubd84\uc11d\ub41c\ub2e4
    \uc804\uc7c1 \uc9c0\uc18d \uae30\uac04, \uc804\ud6c4 \uc9c0\uc815\ud559\uc801 \uad6c\uc870, \uc720\uac00 \ud750\ub984 \ub4f1\uc774\ub2e4.
    \uc720\uac00\ub294 \ubc30\ub7f4\ub2f9 100\ub2ec\ub7ec \uc774\uc0c1\uc73c\ub85c \uc0c1\uc2b9\ud560 \uac00\ub2a5\uc131\uacfc, \uc804\uc7c1 \uc774\uc804 \uc218\uc900\uc778 80\ub2ec\ub7ec \uc774\ud558\ub85c \ud558\ub77d\ud560 \uac00\ub2a5\uc131 \uc0ac\uc774\uc5d0\uc11c \uc6c0\uc9c1\uc77c \uac83\uc73c\ub85c \ubcf4\uc778\ub2e4.
    \ud30c\uc6d4 \uc758\uc7a5\uc774 \uc774\ub044\ub294 Fed\ub294 \ucd08\uae30\uc758 \uc548\uc815\uc801 \ub514\uc2a4\uc778\ud50c\ub808\uc774\uc158 \uae30\ub300\uc5d0\uc11c \ubc97\uc5b4\ub098, \uc778\ud50c\ub808\uc774\uc158 \uc0c1\uc2b9 \uc555\ub825\uacfc \ub178\ub3d9\uc2dc\uc7a5 \ubc0f \uc131\uc7a5 \ub454\ud654 \uc704\ud5d8\uc774 \ub3d9\uc2dc\uc5d0 \uc874\uc7ac\ud558\ub294 \ubcf5\uc7a1\ud55c \uc0c1\ud669\uc73c\ub85c \uc778\uc2dd\uc744 \uc804\ud658\ud588\ub2e4.<\/li>\n\n\n\n
  6. \uae00\ub85c\ubc8c \uc2dc\uc7a5 \uc0c1\uc2b9 \ubc0f \uc5d0\ub108\uc9c0 \uae34\uc7a5
    \uae00\ub85c\ubc8c \uae08\uc735\uc2dc\uc7a5\uc740 \ub192\uc740 \ubcc0\ub3d9\uc131\uacfc \uc911\ub3d9 \uc804\uc7c1 \uad00\ub828 \ub274\uc2a4\uc5d0 \ubbfc\uac10\ud558\uac8c \ubc18\uc751\ud558\uba70 \uc6c0\uc9c1\uc774\uace0 \uc788\ub2e4.
    \uc138\uacc4 \uc8fc\uc694 \uc99d\uc2dc\ub294 \uc804\ubc18\uc801\uc73c\ub85c \uc0c1\uc2b9\uc138\ub97c \uc774\uc5b4\uac14\ub2e4.
    \uc720\ub7fd\uc5d0\uc11c\ub294 Euro Stoxx 50 \uc9c0\uc218\uac00 0.9% \uc0c1\uc2b9\ud588\ub2e4.
    \uad6d\uc81c \uc720\uac00\ub294 \uc5c7\uac08\ub9b0 \ud750\ub984\uc744 \ubcf4\uc600\ub2e4
    \ube0c\ub80c\ud2b8\uc720: +1.4% \u2192 \ubc30\ub7f4\ub2f9 109.70\ub2ec\ub7ec,
    WTI: -0.7% \u2192 \ubc30\ub7f4\ub2f9 99.15\ub2ec\ub7ec\uac00 \ub418\uc5c8\ub2e4.<\/li>\n<\/ol>\n","protected":false},"excerpt":{"rendered":"

    \uc624\ub298\uc758 \uacbd\uc81c<\/p>\n","protected":false},"author":6,"featured_media":11888,"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-11886","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\/11886","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=11886"}],"version-history":[{"count":1,"href":"https:\/\/hanin.org.ar\/index.php?rest_route=\/wp\/v2\/posts\/11886\/revisions"}],"predecessor-version":[{"id":11889,"href":"https:\/\/hanin.org.ar\/index.php?rest_route=\/wp\/v2\/posts\/11886\/revisions\/11889"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/hanin.org.ar\/index.php?rest_route=\/wp\/v2\/media\/11888"}],"wp:attachment":[{"href":"https:\/\/hanin.org.ar\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=11886"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hanin.org.ar\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=11886"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hanin.org.ar\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=11886"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}