{"id":15258,"date":"2026-09-29T09:28:15","date_gmt":"2026-09-29T12:28:15","guid":{"rendered":"https:\/\/hanin.org.ar\/?p=15258"},"modified":"2026-09-29T09:28:17","modified_gmt":"2026-09-29T12:28:17","slug":"%ea%b2%bd%ec%a0%9c-%ec%86%8c%ec%8b%9d-1-%ec%95%84%eb%a5%b4%ed%97%a8%ed%8b%b0%eb%82%98-%ec%b1%84%eb%ac%b4%ec%97%90-%eb%8b%a4%ec%8b%9c-%ec%95%95%eb%b0%95-%ea%b5%ad%ea%b0%80%ec%9c%84%ed%97%98","status":"publish","type":"post","link":"https:\/\/hanin.org.ar\/?p=15258","title":{"rendered":"[\uacbd\uc81c \uc18c\uc2dd 1] \uc544\ub974\ud5e8\ud2f0\ub098 \ucc44\ubb34\uc5d0 \ub2e4\uc2dc \uc555\ubc15 &#8230; \uad6d\uac00\uc704\ud5d8\uc9c0\uc218 642\ud3ec\uc778\ud2b8\ub85c \uc0c1\uc2b9, 10\uac1c\uc6d4 \ub9cc\uc758 \ucd5c\uace0\uce58"},"content":{"rendered":"\n<figure class=\"wp-block-image size-full\"><img fetchpriority=\"high\" decoding=\"async\" width=\"304\" height=\"180\" src=\"https:\/\/hanin.org.ar\/wp-content\/uploads\/2026\/09\/OIP-24.webp\" alt=\"\" class=\"wp-image-15259\" srcset=\"https:\/\/hanin.org.ar\/wp-content\/uploads\/2026\/09\/OIP-24.webp 304w, https:\/\/hanin.org.ar\/wp-content\/uploads\/2026\/09\/OIP-24-300x178.webp 300w\" sizes=\"(max-width: 304px) 100vw, 304px\" \/><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">\uc544\ub974\ud5e8\ud2f0\ub098 \ucc44\ubb34\uc5d0 \ub2e4\uc2dc \uc555\ubc15\u2026\uad6d\uac00\uc704\ud5d8\uc9c0\uc218 642\ud3ec\uc778\ud2b8\ub85c \uc0c1\uc2b9, 10\uac1c\uc6d4 \ub9cc\uc5d0 \ucd5c\uace0\uce58<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">-\ub274\uc695 \uc99d\uc2dc\uc5d0\uc11c \uc544\ub974\ud5e8\ud2f0\ub098 \uae30\uc5c5 \uc8fc\uac00\ub294 \ucd5c\ub300 6% \ud558\ub77d\ud588\uace0, \uacf5\uc2dd \ub2ec\ub7ec \ud658\uc728\uc740 1\ub2ec\ub7ec\ub2f9 1,550\ud398\uc18c\ub85c \uc0ac\uc0c1 \ucd5c\uace0\uce58\ub97c \uae30\ub85d\ud588\ub2e4. \uc815\uce58\uc801 \ubd88\ud655\uc2e4\uc131\uacfc \uc678\ud658\ubcf4\uc720\uc561\uc744 \uacc4\uc18d \ud655\ucda9\ud558\ub294 \ub370 \ub530\ub978 \uc5b4\ub824\uc6c0\uc774 \ub3d9\uc2dc\uc5d0 \uc2dc\uc7a5\uc5d0 \uc601\ud5a5\uc744 \ubbf8\uce58\uace0 \uc788\ub2e4.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\uc544\ub974\ud5e8\ud2f0\ub098\uc758 \uad6d\uac00\uc704\ud5d8\uc9c0\uc218\uac00 \ub2e4\uc2dc \uc0c1\uc2b9\ud558\uba74\uc11c 600\ud3ec\uc778\ud2b8\ub97c \ud06c\uac8c \ub118\uc5b4\uc130\ub2e4.<br>\uad6d\uac00\uc704\ud5d8\uc9c0\uc218\ub294 12\uac70\ub798\uc77c \uc5f0\uc18d \uc0c1\uc2b9\ud588\ub2e4. \uc804 \uc138\uacc4\uc801\uc778 \uae08\ub9ac \uc0c1\uc2b9, \uc544\ub974\ud5e8\ud2f0\ub098 \uc911\uc559\uc740\ud589(BCRA)\uc758 \uc678\ud658 \ub9e4\uc785 \uac10\uc18c, \uadf8\ub9ac\uace0 \ud22c\uc790 \uacb0\uc815\uc5d0 \uc601\ud5a5\uc744 \ubbf8\uce58\uae30 \uc2dc\uc791\ud55c \uc815\uce58\uc801 \ubd88\ud655\uc2e4\uc131\uc774 \uacb9\uce58\uba74\uc11c \uad6d\uac00\uc704\ud5d8\uc9c0\uc218\ub294 650\ud3ec\uc778\ud2b8\uc5d0 \uac00\uae4c\uc6cc\uc9c0\uace0 \uc788\uc73c\uba70, \uac70\uc758 10\uac1c\uc6d4 \ub9cc\uc5d0 \uac00\uc7a5 \ub192\uc740 \uc218\uc900\uc744 \uae30\ub85d\ud558\uace0 \uc788\ub2e4.<br>\uad6d\uc81c \uae08\uc735\uc2dc\uc7a5 \uc5ed\uc2dc \ubd80\uc9c4\ud55c \ubaa8\uc2b5\uc744 \ubcf4\uc778 \uac00\uc6b4\ub370 \ub274\uc695 \uc99d\uc2dc\uc5d0 \uc0c1\uc7a5\ub41c \uc544\ub974\ud5e8\ud2f0\ub098 \uae30\uc5c5 \uc8fc\uac00\ub294 \ucd5c\ub300 6% \ud558\ub77d\ud588\uace0, \uacf5\uc2dd \uc18c\ub9e4 \ub2ec\ub7ec \ud658\uc728\uc740 \uba85\ubaa9 \uae30\uc900\uc73c\ub85c \uc0ac\uc0c1 \ucd5c\uace0\uce58\ub97c \uae30\ub85d\ud588\ub2e4.<br>\uc2dc\uc7a5\uc740 \ud1a0\ub974\ucfe0\uc544\ud1a0 \ub514 \ud154\ub77c \ub300\ud559\uad50(Universidad Torcuato Di Tella)\uac00 \ubc1c\ud45c\ud558\ub294 \uc815\ubd80\uc2e0\ub8b0\uc9c0\uc218\uac00 \uae0d\uc815\uc801\uc778 \uacb0\uacfc\ub97c \ubcf4\uc77c \uac83\uc73c\ub85c \uae30\ub300\ud588\uc73c\ub098, \uc2e4\uc81c\ub85c\ub294 5.9% \ud558\ub77d\ud558\uba74\uc11c \ud558\ube44\uc5d0\ub974 \ubc00\ub808\uc774 \uc815\ubd80 \ucd9c\ubc94 \uc774\ud6c4 \uac00\uc7a5 \ub0ae\uc740 \uc218\uc900\uc744 \uae30\ub85d\ud588\ub2e4.<br>\uc774\ubc88 \uc8fc \uccab \uac70\ub798\uc77c\uc5d0 \uad6d\uac00\uc704\ud5d8\uc9c0\uc218\ub294 33\ud3ec\uc778\ud2b8 \uc0c1\uc2b9\ud574 642\ud3ec\uc778\ud2b8\ub97c \uae30\ub85d\ud588\ub2e4. \uc0c1\uc2b9\ub960\uc740 5.42%\uc600\ub2e4.<br>JP\ubaa8\uac74\uc774 \uc0b0\ucd9c\ud558\ub294 \uad6d\uac00\uc704\ud5d8\uc9c0\uc218\ub294 \uc2e0\ud765\uad6d \uad6d\ucc44\uc640 \ubbf8\uad6d \uad6d\ucc44 \uc0ac\uc774\uc758 \uae08\ub9ac \ucc28\uc774\ub97c \ub098\ud0c0\ub0b4\ub294 \uc9c0\ud45c\ub2e4. \uc774\ubc88 \uc218\uce58\ub294 2025\ub144 12\uc6d4 \ucd08 647\ud3ec\uc778\ud2b8\ub97c \uae30\ub85d\ud55c \uc774\ud6c4 \uac00\uc7a5 \ub192\uc740 \uc218\uc900\uc774\ub2e4.<br>GMA Capital \ucee8\uc124\ud305\ud68c\uc0ac\ub294 \ud604\uc7ac \ud22c\uc790\uc790\ub4e4\uc758 \uacc4\uc0b0\uc5d0 \uc0c8\ub85c\uc6b4 \ubcc0\uc218\uac00 \ucd94\uac00\ub410\ub2e4\uace0 \ubd84\uc11d\ud588\ub2e4.<br>GMA Capital\uc740 \u201c\ud22c\uc790\uc790\ub4e4\uc740 \uae30\uc874\uc5d0 \uac70\uc2dc\uacbd\uc81c \uc0c1\ud669\uacfc 2027\ub144\uc744 \ud5a5\ud55c \uc815\uce58 \uc0c1\ud669\uc744 \uc8fc\uc2dc\ud588\uc9c0\ub9cc, \uc774\uc81c \uad6d\uc81c\uc801\uc778 \uc694\uc778\uae4c\uc9c0 \uace0\ub824\ud558\uae30 \uc2dc\uc791\ud588\ub2e4. \ubbf8\uad6d \uc7a5\uae30 \uad6d\ucc44 \uae08\ub9ac\uac00 \uc548\uc815\ub418\uc9c0 \uc54a\ub294 \ud55c \uc544\ub974\ud5e8\ud2f0\ub098 \uad6d\ucc44 \uac00\uaca9\uc774 \ucd94\uac00\ub85c \ud558\ub77d\ud558\uc9c0 \uc54a\uc73c\ub824\uba74 \uad6d\uac00\uc704\ud5d8\uc9c0\uc218 \uce21\uba74\uc5d0\uc11c \ub354 \ud070 \ubd80\ub2f4\uc744 \uac10\uc218\ud574\uc57c \ud55c\ub2e4\u201d\uace0 \uc124\uba85\ud588\ub2e4.<br>\uc774\uc5b4 \u201c\ub2e4\uc2dc \ub9d0\ud558\uba74 \ud574\uc678 \uae08\uc735\uc2dc\uc7a5\uc758 \ubd88\uc548 \uc694\uc778\uc744 \uc0c1\uc1c4\ud558\uae30 \uc704\ud574 \uc544\ub974\ud5e8\ud2f0\ub098 \uc790\uccb4\uc801\uc778 \uc694\uc778\uc5d0\uc11c \ucd94\uac00\uc801\uc778 \uac1c\uc120\uc774 \uc694\uad6c\ub418\ub294 \uc0c1\ud669\u201d\uc774\ub77c\uace0 \uc9c0\uc801\ud588\ub2e4.<br>\uc774 \uac19\uc740 \uc0c1\ud669\uc5d0\uc11c \ub2ec\ub7ec\ud654 \ud45c\uc2dc \uc544\ub974\ud5e8\ud2f0\ub098 \uad6d\ucc44\ub294 \ub9cc\uae30 \uc804 \uad6c\uac04\uc5d0 \uac78\uccd0 \ud558\ub77d\uc138\ub97c \ubcf4\uc600\ub2e4.<br>\ubcf4\ub098\ub974(Bonares) \uad6d\ucc44 \uac00\uc6b4\ub370 AL35D\ub294 2.4% \ud558\ub77d\ud588\uace0, \uae00\ub85c\ubc8c(Globales) \uad6d\ucc44 \uac00\uc6b4\ub370 GD46D\ub294 \ucd5c\ub300 3.1% \ub5a8\uc5b4\uc84c\ub2e4.<br>\uc5ec\uae30\uc5d0 \ubbf8\uad6d \ub2ec\ub7ec\ud654\uac00 \uad6d\uc81c\uc801\uc73c\ub85c \uac15\uc138\ub97c \ubcf4\uc774\uba74\uc11c \uc544\ub974\ud5e8\ud2f0\ub098 \uad6d\ub0b4 \ud658\uc728\uc5d0\ub3c4 \ucd94\uac00\uc801\uc778 \uc555\ub825\uc774 \uac00\ud574\uc9c0\uace0 \uc788\ub2e4. \ubbf8\uad6d \ub2ec\ub7ec\ud654\ub294 \ucd5c\uadfc \ud55c \ub2ec \ub3d9\uc548 \uc57d 2% \uc0c1\uc2b9\ud588\ub2e4.<br>\uc774\uc5d0 \ub530\ub77c \ub3c4\ub9e4 \ub2ec\ub7ec \ud658\uc728\uc740 1\ub2ec\ub7ec\ub2f9 1,525.31\ud398\uc18c\ub97c \uae30\ub85d\ud588\ub2e4. \uc804 \uac70\ub798\uc77c \uc885\uac00\ubcf4\ub2e4 0.87\ud398\uc18c, 0.06% \uc0c1\uc2b9\ud55c \uc218\uc900\uc774\ub2e4.<br>Naci\u00f3n \uc740\ud589\uc758 \uacf5\uc2dd \uc18c\ub9e4 \ub2ec\ub7ec \ud310\ub9e4 \ud658\uc728\uc740 1\ub2ec\ub7ec\ub2f9 1,550\ud398\uc18c\ub85c, \uc9c0\ub09c \uae08\uc694\uc77c \uc885\uac00\ubcf4\ub2e4 5\ud398\uc18c(0.3%) \uc0c1\uc2b9\ud588\ub2e4. \uc774\ub294 \uc9c0\uae08\uae4c\uc9c0 \uae30\ub85d\ub41c \uacf5\uc2dd \uc18c\ub9e4 \ub2ec\ub7ec \ud658\uc728 \uac00\uc6b4\ub370 \uba85\ubaa9 \uae30\uc900\uc73c\ub85c \uac00\uc7a5 \ub192\uc740 \uc218\uc900\uc774\ub2e4.<br>\uc544\ub974\ud5e8\ud2f0\ub098 \uc911\uc559\uc740\ud589\uc774 \ub9e4\uc77c \uae08\uc735\uae30\uad00\ub4e4\uc744 \ub300\uc0c1\uc73c\ub85c \uc9d1\uacc4\ud558\ub294 \uc2dc\uc7a5 \ud3c9\uade0 \ub2ec\ub7ec \ud658\uc728\uc740 1,548.82\ud398\uc18c\uc600\ub2e4.<br>\uae08\uc735\uc2dc\uc7a5\uc5d0\uc11c \uac70\ub798\ub418\ub294 \ub2ec\ub7ec \ud658\uc728\uc740 \uc11c\ub85c \uc5c7\uac08\ub9b0 \uc6c0\uc9c1\uc784\uc744 \ubcf4\uc600\ub2e4.<br>MEP \ud658\uc728\uc740 1,549.73\ud398\uc18c\ub85c \uc804 \uac70\ub798\uc77c\ubcf4\ub2e4 2.77\ud398\uc18c(0.2%) \ud558\ub77d\ud588\ub2e4.<br>\ubc18\uba74 \ud574\uc678\ub85c \uc790\uae08\uc744 \uc774\uc804\ud560 \ub54c \uc8fc\ub85c \ud65c\uc6a9\ub418\ub294 CCL \ud658\uc728\uc740 23.29\ud398\uc18c \uc0c1\uc2b9\ud55c 1,622.29\ud398\uc18c\ub97c \uae30\ub85d\ud574 1.5% \uc62c\ub790\ub2e4.<br>\uc678\ud658\uc2dc\uc7a5\uc5d0\uc11c\ub294 \uc544\ub974\ud5e8\ud2f0\ub098 \uc911\uc559\uc740\ud589\uc758 \uc678\ud658 \ub9e4\uc785 \uaddc\ubaa8\uac00 \uc608\uc0c1\ubcf4\ub2e4 \ud06c\uc9c0 \uc54a\ub2e4\ub294 \uc810\ub3c4 \uc6b0\ub824 \uc694\uc778\uc73c\ub85c \uc9c0\uc801\ub410\ub2e4.<br>Cohen Aliados Financieros\ub294 \u201c\uc9c0\ub09c\uc8fc \ub18d\uc5c5 \ubd80\ubb38\uc774 \ud558\ub8e8 \uc57d 1\uc5b55,000\ub9cc \ub2ec\ub7ec\uc758 \uc18d\ub3c4\ub85c \uc678\ud654\ub97c \uacc4\uc18d \uc2dc\uc7a5\uc5d0 \uacf5\uae09\ud588\uc74c\uc5d0\ub3c4 \ubd88\uad6c\ud558\uace0 \uc911\uc559\uc740\ud589\uc758 \ub2ec\ub7ec \uc21c\ub9e4\uc785 \uaddc\ubaa8\ub294 2,900\ub9cc \ub2ec\ub7ec\uc5d0 \ubd88\uacfc\ud588\ub2e4\u201d\uace0 \uc124\uba85\ud588\ub2e4.<br>\uc774\uc5b4 \u201c\uc774\ubc88 \ub2ec \ub4e4\uc5b4 \uc911\uc559\uc740\ud589\uc758 \uc21c\ub9e4\uc785\uc561\uc740 \ud604\uc7ac\uae4c\uc9c0 2\uc5b53,200\ub9cc \ub2ec\ub7ec\ub2e4. \uc9c0\uae08\uacfc \uac19\uc740 \uc18d\ub3c4\uac00 \uc720\uc9c0\ub41c\ub2e4\uba74 \uc774\ub2ec \uc804\uccb4 \uc21c\ub9e4\uc785\uc561\uc740 \uc57d 2\uc5b57,000\ub9cc \ub2ec\ub7ec\uc5d0 \uadf8\uce60 \uac83\u201d\uc774\ub77c\uace0 \uc804\ub9dd\ud588\ub2e4.<br>Cohen \uce21\uc740 \uc774\ub7ec\ud55c \uaddc\ubaa8 \uc790\uccb4\uac00 \ub2f9\uc7a5 \uc6b0\ub824\ud560 \uc815\ub3c4\ub294 \uc544\ub2c8\uc9c0\ub9cc \u2018\uacbd\uace0 \uc2e0\ud638\u2019\ub85c \ubcfc \ud544\uc694\uac00 \uc788\ub2e4\uace0 \ubd84\uc11d\ud588\ub2e4.<br>\ub18d\uc5c5 \ubd80\ubb38\uc5d0\uc11c \uc2dc\uc7a5\uc5d0 \uacf5\uae09\ub418\ub294 \uc678\ud654\uac00 30\uc5b5 \ub2ec\ub7ec\ub97c \ub118\uc5b4\uc124 \uac83\uc73c\ub85c \uc608\uc0c1\ub418\ub294 \uc0c1\ud669\uc5d0\uc11c\ub3c4 \uc911\uc559\uc740\ud589\uc758 \uc678\ud658 \ub9e4\uc785 \uaddc\ubaa8\uac00 \ud06c\uc9c0 \uc54a\ub2e4\ub294 \uac83\uc740 \ub2ec\ub7ec \uc218\uc694\uac00 \uc9c0\uc18d\uc801\uc73c\ub85c \uc99d\uac00\ud558\uace0 \uc788\ub2e4\ub294 \uc758\ubbf8\uc77c \uc218 \uc788\uae30 \ub54c\ubb38\uc774\ub2e4.<br>Cohen\uc740 \u201c\uc55e\uc73c\ub85c \ub18d\uc5c5 \ubd80\ubb38\uc758 \uc678\ud654 \uacf5\uae09\uc774 \uac10\uc18c\ud560 \uacbd\uc6b0 \uad6d\uc81c \ub18d\uc0b0\ubb3c \uac00\uaca9\uc774 \uacc4\uc18d \uc0c1\uc2b9\ud558\uc9c0 \uc54a\ub294 \ud55c \ud5a5\ud6c4 \uba87 \ub2ec \ub3d9\uc548 \uc678\ud658\uc2dc\uc7a5\uc5d0 \ub354 \ud070 \uc555\ub825\uc774 \uac00\ud574\uc9c8 \uc218 \uc788\ub2e4\u201d\uace0 \uc9c0\uc801\ud588\ub2e4.<br>\ubd80\uc5d0\ub178\uc2a4\uc544\uc774\ub808\uc2a4 \uc99d\uc2dc \uc5ed\uc2dc \ubd80\uc9c4\ud55c \ubaa8\uc2b5\uc744 \ubcf4\uc600\ub2e4.<br>\uc6d4\uc694\uc77c S&amp;P Merval \uc9c0\uc218\ub294 2.1% \ud558\ub77d\ud55c 2,833,534\ud3ec\uc778\ud2b8\ub97c \uae30\ub85d\ud588\ub2e4. CCL \ud658\uc728\ub85c \ud658\uc0b0\ud558\uba74 \uc57d 1,746\ub2ec\ub7ec \uc218\uc900\uc73c\ub85c, \ub2ec\ub7ec \uae30\uc900\uc73c\ub85c\ub294 3.5% \ud558\ub77d\ud588\ub2e4.<br>\uc8fc\uc694 \uc885\ubaa9 \uac00\uc6b4\ub370 \uac00\uc7a5 \ud070 \ud3ed\uc73c\ub85c \ud558\ub77d\ud55c \uae30\uc5c5\uc740 Cresud\ub85c 5.8% \ub5a8\uc5b4\uc84c\ub2e4. Transportadora de Gas del Norte\ub294 5.3%, Telecom Argentina\ub294 4.7% \ud558\ub77d\ud588\ub2e4.<br>\ubbf8\uad6d \uc8fc\uc694 \uc8fc\uac00\uc9c0\uc218\uac00 \ud558\ub77d\ud55c \uac00\uc6b4\ub370 \uc6d4\uc2a4\ud2b8\ub9ac\ud2b8\uc5d0 \uc0c1\uc7a5\ub41c \uc544\ub974\ud5e8\ud2f0\ub098 \uae30\uc5c5\ub4e4\uc758 \uc8fc\uc2dd \uc5ed\uc2dc \uc57d\uc138\ub97c \ubcf4\uc600\ub2e4.<br>Central Puerto\uc758 \uc8fc\uac00\ub294 6.6% \ud558\ub77d\ud588\uace0 Cresud\ub294 5.7%, Telecom Argentina\ub294 4.2% \ub5a8\uc5b4\uc84c\ub2e4.<br>PPI \uc99d\uad8c\uc0ac\ub294 \u201cMerval \uc9c0\uc218\uac00 \uc774\ubc88 \uc8fc\ub97c 1,800\ub2ec\ub7ec \uc544\ub798\uc5d0\uc11c \uc2dc\uc791\ud588\uc73c\uba70, 9\uc6d4 \uc2e4\uc801\uc744 \uac1c\uc120\ud560 \uc218 \uc788\ub294 \uac70\ub798\uc77c\uc740 \uc774\uc81c 3\uc77c\ubc16\uc5d0 \ub0a8\uc9c0 \uc54a\uc558\ub2e4\u201d\uace0 \ubd84\uc11d\ud588\ub2e4.<br>PPI\ub294 \uadf8\ub7ec\ub098 \uc544\ub974\ud5e8\ud2f0\ub098 \uad6d\ub0b4 \uc694\uc778\ubfd0 \uc544\ub2c8\ub77c \uad6d\uc81c \uae08\uc735\uc2dc\uc7a5 \uc0c1\ud669\ub3c4 \uc55e\uc73c\ub85c \uc911\uc694\ud55c \ubcc0\uc218\uac00 \ub420 \uac83\uc774\ub77c\uace0 \uc9c0\uc801\ud588\ub2e4.<br>\ubbf8\uad6d \uad6d\ucc44 \uc218\uc775\ub960\uc740 \uc5ec\uc804\ud788 \ub192\uc740 \uc218\uc900\uc744 \uc720\uc9c0\ud558\uace0 \uc788\uc73c\uba70 \ubbf8\uad6d \uc5f0\ubc29\uc900\ube44\uc81c\ub3c4(Fed)\uc758 \ucd94\uac00 \uae08\ub9ac \uc778\uc0c1 \uac00\ub2a5\uc131\uc5d0 \ub300\ud55c \uc804\ub9dd\ub3c4 \uacc4\uc18d\ub418\uace0 \uc788\ub2e4.<br>\uc774\uc5d0 \ub530\ub77c \uc55e\uc73c\ub85c \ubc1c\ud45c\ub420 \ubbf8\uad6d\uc758 \uacbd\uc81c\ud65c\ub3d9, \ubb3c\uac00 \ubc0f \uace0\uc6a9 \uc9c0\ud45c\uac00 \ud5a5\ud6c4 \uae08\ub9ac \uc804\ub9dd\uc744 \uacb0\uc815\ud558\ub294 \ub370 \uc911\uc694\ud55c \uc5ed\ud560\uc744 \ud560 \uac83\uc73c\ub85c \uc608\uc0c1\ub41c\ub2e4. \uc774\ub294 \ub2e4\uc2dc \uad6d\uc81c \ud22c\uc790\uc790\ub4e4\uc758 \uc704\ud5d8\uc790\uc0b0 \uc120\ud638\ub3c4\uc5d0\ub3c4 \uc601\ud5a5\uc744 \ubbf8\uce60 \uc804\ub9dd\uc774\ub2e4.<br>\uc5ec\uae30\uc5d0 \uc911\ub3d9 \uc9c0\uc5ed\uc758 \ubd84\uc7c1\uc774 \uc5b4\ub5bb\uac8c \uc804\uac1c\ub420\uc9c0\ub3c4 \uad6d\uc81c \uc6d0\uc720 \uac00\uaca9\uc758 \uc6c0\uc9c1\uc784\uc5d0 \uc601\ud5a5\uc744 \ubbf8\uce60 \uc218 \uc788\ub294 \ub610 \ub2e4\ub978 \ubcc0\uc218\ub77c\uace0 PPI\ub294 \uc124\uba85\ud588\ub2e4.<br>\uacb0\uad6d \uc544\ub974\ud5e8\ud2f0\ub098 \uae08\uc735\uc2dc\uc7a5\uc740 \uad6d\ub0b4 \uc815\uce58\uc801 \ubd88\ud655\uc2e4\uc131\uacfc \uc911\uc559\uc740\ud589\uc758 \uc678\ud658\ubcf4\uc720\uc561 \ud655\ucda9 \uc18d\ub3c4 \ub454\ud654\ub77c\ub294 \ub0b4\ubd80 \uc694\uc778\uc5d0 \ub354\ud574 \ubbf8\uad6d\uc758 \ub192\uc740 \uae08\ub9ac\uc640 \uad6d\uc81c \uae08\uc735\uc2dc\uc7a5\uc758 \ubd88\uc548\uc774\ub77c\ub294 \uc678\ubd80 \uc694\uc778\uae4c\uc9c0 \ub3d9\uc2dc\uc5d0 \uc601\ud5a5\uc744 \ubc1b\uace0 \uc788\ub2e4.<br>\uc774\ub7ec\ud55c \uc0c1\ud669\uc5d0\uc11c \uad6d\uac00\uc704\ud5d8\uc9c0\uc218\ub294 642\ud3ec\uc778\ud2b8\uae4c\uc9c0 \uc0c1\uc2b9\ud558\uba70 \uc57d 10\uac1c\uc6d4 \ub9cc\uc5d0 \ucd5c\uace0 \uc218\uc900\uc744 \uae30\ub85d\ud588\uace0, \uc544\ub974\ud5e8\ud2f0\ub098 \uad6d\ucc44\uc640 \uc8fc\uc2dd\uc2dc\uc7a5\uc5d0\ub3c4 \ud558\ub77d \uc555\ub825\uc774 \uc774\uc5b4\uc9c0\uace0 \uc788\ub2e4.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>\uc544\ub974\ud5e8\ud2f0\ub098 \ucc44\ubb34\uc5d0 \ub2e4\uc2dc \uc555\ubc15\u2026\uad6d\uac00\uc704\ud5d8\uc9c0\uc218 642\ud3ec\uc778\ud2b8\ub85c \uc0c1\uc2b9, 10\uac1c\uc6d4 \ub9cc\uc5d0 \ucd5c\uace0\uce58 -\ub274\uc695 \uc99d\uc2dc\uc5d0\uc11c \uc544\ub974\ud5e8\ud2f0\ub098 \uae30\uc5c5 \uc8fc\uac00\ub294 \ucd5c\ub300 6% \ud558\ub77d\ud588\uace0, \uacf5\uc2dd \ub2ec\ub7ec \ud658\uc728\uc740 1\ub2ec\ub7ec\ub2f9 1,550\ud398\uc18c\ub85c \uc0ac\uc0c1 \ucd5c\uace0\uce58\ub97c \uae30\ub85d\ud588\ub2e4. \uc815\uce58\uc801 \ubd88\ud655\uc2e4\uc131\uacfc \uc678\ud658\ubcf4\uc720\uc561\uc744 \uacc4\uc18d \ud655\ucda9\ud558\ub294 \ub370 \ub530\ub978 \uc5b4\ub824\uc6c0\uc774 \ub3d9\uc2dc\uc5d0 \uc2dc\uc7a5\uc5d0 \uc601\ud5a5\uc744 \ubbf8\uce58\uace0 \uc788\ub2e4. \uc544\ub974\ud5e8\ud2f0\ub098\uc758 \uad6d\uac00\uc704\ud5d8\uc9c0\uc218\uac00 \ub2e4\uc2dc \uc0c1\uc2b9\ud558\uba74\uc11c 600\ud3ec\uc778\ud2b8\ub97c \ud06c\uac8c \ub118\uc5b4\uc130\ub2e4.\uad6d\uac00\uc704\ud5d8\uc9c0\uc218\ub294 12\uac70\ub798\uc77c \uc5f0\uc18d \uc0c1\uc2b9\ud588\ub2e4. \uc804 \uc138\uacc4\uc801\uc778 \uae08\ub9ac \uc0c1\uc2b9, \uc544\ub974\ud5e8\ud2f0\ub098 \uc911\uc559\uc740\ud589(BCRA)\uc758 \uc678\ud658 \ub9e4\uc785 \uac10\uc18c, \uadf8\ub9ac\uace0 \ud22c\uc790 \uacb0\uc815\uc5d0 \uc601\ud5a5\uc744 \ubbf8\uce58\uae30 \uc2dc\uc791\ud55c \uc815\uce58\uc801 \ubd88\ud655\uc2e4\uc131\uc774 \uacb9\uce58\uba74\uc11c \uad6d\uac00\uc704\ud5d8\uc9c0\uc218\ub294 650\ud3ec\uc778\ud2b8\uc5d0 \uac00\uae4c\uc6cc\uc9c0\uace0 \uc788\uc73c\uba70, \uac70\uc758 10\uac1c\uc6d4 \ub9cc\uc5d0 \uac00\uc7a5 \ub192\uc740 \uc218\uc900\uc744 \uae30\ub85d\ud558\uace0 \uc788\ub2e4.\uad6d\uc81c \uae08\uc735\uc2dc\uc7a5 \uc5ed\uc2dc \ubd80\uc9c4\ud55c \ubaa8\uc2b5\uc744 \ubcf4\uc778 \uac00\uc6b4\ub370 \ub274\uc695 \uc99d\uc2dc\uc5d0 \uc0c1\uc7a5\ub41c \uc544\ub974\ud5e8\ud2f0\ub098 \uae30\uc5c5 \uc8fc\uac00\ub294 \ucd5c\ub300 6% \ud558\ub77d\ud588\uace0, \uacf5\uc2dd \uc18c\ub9e4 \ub2ec\ub7ec \ud658\uc728\uc740 \uba85\ubaa9 \uae30\uc900\uc73c\ub85c \uc0ac\uc0c1 \ucd5c\uace0\uce58\ub97c \uae30\ub85d\ud588\ub2e4.\uc2dc\uc7a5\uc740 \ud1a0\ub974\ucfe0\uc544\ud1a0 \ub514 \ud154\ub77c \ub300\ud559\uad50(Universidad Torcuato Di Tella)\uac00 \ubc1c\ud45c\ud558\ub294 \uc815\ubd80\uc2e0\ub8b0\uc9c0\uc218\uac00 \uae0d\uc815\uc801\uc778 \uacb0\uacfc\ub97c \ubcf4\uc77c \uac83\uc73c\ub85c \uae30\ub300\ud588\uc73c\ub098, \uc2e4\uc81c\ub85c\ub294 5.9% \ud558\ub77d\ud558\uba74\uc11c \ud558\ube44\uc5d0\ub974 \ubc00\ub808\uc774 \uc815\ubd80 \ucd9c\ubc94 \uc774\ud6c4 \uac00\uc7a5 \ub0ae\uc740 \uc218\uc900\uc744 \uae30\ub85d\ud588\ub2e4.\uc774\ubc88 \uc8fc \uccab \uac70\ub798\uc77c\uc5d0 \uad6d\uac00\uc704\ud5d8\uc9c0\uc218\ub294 33\ud3ec\uc778\ud2b8 \uc0c1\uc2b9\ud574 642\ud3ec\uc778\ud2b8\ub97c \uae30\ub85d\ud588\ub2e4. \uc0c1\uc2b9\ub960\uc740 5.42%\uc600\ub2e4.JP\ubaa8\uac74\uc774 \uc0b0\ucd9c\ud558\ub294 \uad6d\uac00\uc704\ud5d8\uc9c0\uc218\ub294 \uc2e0\ud765\uad6d \uad6d\ucc44\uc640 \ubbf8\uad6d \uad6d\ucc44 \uc0ac\uc774\uc758 \uae08\ub9ac \ucc28\uc774\ub97c \ub098\ud0c0\ub0b4\ub294 \uc9c0\ud45c\ub2e4. \uc774\ubc88 \uc218\uce58\ub294 2025\ub144 12\uc6d4 \ucd08 647\ud3ec\uc778\ud2b8\ub97c \uae30\ub85d\ud55c \uc774\ud6c4 \uac00\uc7a5 \ub192\uc740 \uc218\uc900\uc774\ub2e4.GMA Capital \ucee8\uc124\ud305\ud68c\uc0ac\ub294 \ud604\uc7ac \ud22c\uc790\uc790\ub4e4\uc758 \uacc4\uc0b0\uc5d0 \uc0c8\ub85c\uc6b4 \ubcc0\uc218\uac00 \ucd94\uac00\ub410\ub2e4\uace0 \ubd84\uc11d\ud588\ub2e4.GMA Capital\uc740 \u201c\ud22c\uc790\uc790\ub4e4\uc740 \uae30\uc874\uc5d0 \uac70\uc2dc\uacbd\uc81c \uc0c1\ud669\uacfc 2027\ub144\uc744 \ud5a5\ud55c \uc815\uce58 \uc0c1\ud669\uc744 \uc8fc\uc2dc\ud588\uc9c0\ub9cc, \uc774\uc81c \uad6d\uc81c\uc801\uc778 \uc694\uc778\uae4c\uc9c0 \uace0\ub824\ud558\uae30 \uc2dc\uc791\ud588\ub2e4. \ubbf8\uad6d \uc7a5\uae30 \uad6d\ucc44 \uae08\ub9ac\uac00 \uc548\uc815\ub418\uc9c0 \uc54a\ub294 \ud55c \uc544\ub974\ud5e8\ud2f0\ub098 \uad6d\ucc44 \uac00\uaca9\uc774 \ucd94\uac00\ub85c \ud558\ub77d\ud558\uc9c0 \uc54a\uc73c\ub824\uba74 \uad6d\uac00\uc704\ud5d8\uc9c0\uc218 \uce21\uba74\uc5d0\uc11c \ub354 \ud070 \ubd80\ub2f4\uc744 \uac10\uc218\ud574\uc57c \ud55c\ub2e4\u201d\uace0 \uc124\uba85\ud588\ub2e4.\uc774\uc5b4 \u201c\ub2e4\uc2dc \ub9d0\ud558\uba74 \ud574\uc678 \uae08\uc735\uc2dc\uc7a5\uc758 \ubd88\uc548 \uc694\uc778\uc744 \uc0c1\uc1c4\ud558\uae30 \uc704\ud574 \uc544\ub974\ud5e8\ud2f0\ub098 \uc790\uccb4\uc801\uc778 \uc694\uc778\uc5d0\uc11c \ucd94\uac00\uc801\uc778 \uac1c\uc120\uc774 \uc694\uad6c\ub418\ub294 \uc0c1\ud669\u201d\uc774\ub77c\uace0 \uc9c0\uc801\ud588\ub2e4.\uc774 \uac19\uc740 \uc0c1\ud669\uc5d0\uc11c \ub2ec\ub7ec\ud654 \ud45c\uc2dc \uc544\ub974\ud5e8\ud2f0\ub098 \uad6d\ucc44\ub294 \ub9cc\uae30 \uc804 \uad6c\uac04\uc5d0 \uac78\uccd0 \ud558\ub77d\uc138\ub97c \ubcf4\uc600\ub2e4.\ubcf4\ub098\ub974(Bonares) \uad6d\ucc44 \uac00\uc6b4\ub370 AL35D\ub294 2.4% \ud558\ub77d\ud588\uace0, \uae00\ub85c\ubc8c(Globales) \uad6d\ucc44 \uac00\uc6b4\ub370 GD46D\ub294 \ucd5c\ub300 3.1% \ub5a8\uc5b4\uc84c\ub2e4.\uc5ec\uae30\uc5d0 \ubbf8\uad6d \ub2ec\ub7ec\ud654\uac00 \uad6d\uc81c\uc801\uc73c\ub85c \uac15\uc138\ub97c \ubcf4\uc774\uba74\uc11c \uc544\ub974\ud5e8\ud2f0\ub098 \uad6d\ub0b4 \ud658\uc728\uc5d0\ub3c4 \ucd94\uac00\uc801\uc778 \uc555\ub825\uc774 \uac00\ud574\uc9c0\uace0 \uc788\ub2e4. \ubbf8\uad6d \ub2ec\ub7ec\ud654\ub294 \ucd5c\uadfc \ud55c \ub2ec \ub3d9\uc548 \uc57d 2% \uc0c1\uc2b9\ud588\ub2e4.\uc774\uc5d0 \ub530\ub77c \ub3c4\ub9e4 \ub2ec\ub7ec \ud658\uc728\uc740 1\ub2ec\ub7ec\ub2f9 1,525.31\ud398\uc18c\ub97c \uae30\ub85d\ud588\ub2e4. \uc804 \uac70\ub798\uc77c \uc885\uac00\ubcf4\ub2e4 0.87\ud398\uc18c, 0.06% \uc0c1\uc2b9\ud55c \uc218\uc900\uc774\ub2e4.Naci\u00f3n \uc740\ud589\uc758 \uacf5\uc2dd \uc18c\ub9e4 \ub2ec\ub7ec \ud310\ub9e4 \ud658\uc728\uc740 1\ub2ec\ub7ec\ub2f9 1,550\ud398\uc18c\ub85c, \uc9c0\ub09c \uae08\uc694\uc77c \uc885\uac00\ubcf4\ub2e4 5\ud398\uc18c(0.3%) \uc0c1\uc2b9\ud588\ub2e4. \uc774\ub294 \uc9c0\uae08\uae4c\uc9c0 \uae30\ub85d\ub41c \uacf5\uc2dd \uc18c\ub9e4 \ub2ec\ub7ec \ud658\uc728 \uac00\uc6b4\ub370 \uba85\ubaa9 \uae30\uc900\uc73c\ub85c \uac00\uc7a5 \ub192\uc740 \uc218\uc900\uc774\ub2e4.\uc544\ub974\ud5e8\ud2f0\ub098 \uc911\uc559\uc740\ud589\uc774 \ub9e4\uc77c \uae08\uc735\uae30\uad00\ub4e4\uc744 \ub300\uc0c1\uc73c\ub85c \uc9d1\uacc4\ud558\ub294 \uc2dc\uc7a5 \ud3c9\uade0 \ub2ec\ub7ec \ud658\uc728\uc740 1,548.82\ud398\uc18c\uc600\ub2e4.\uae08\uc735\uc2dc\uc7a5\uc5d0\uc11c \uac70\ub798\ub418\ub294 \ub2ec\ub7ec \ud658\uc728\uc740 \uc11c\ub85c \uc5c7\uac08\ub9b0 \uc6c0\uc9c1\uc784\uc744 \ubcf4\uc600\ub2e4.MEP \ud658\uc728\uc740 1,549.73\ud398\uc18c\ub85c \uc804 \uac70\ub798\uc77c\ubcf4\ub2e4 2.77\ud398\uc18c(0.2%) \ud558\ub77d\ud588\ub2e4.\ubc18\uba74 \ud574\uc678\ub85c \uc790\uae08\uc744 \uc774\uc804\ud560 \ub54c \uc8fc\ub85c \ud65c\uc6a9\ub418\ub294 CCL \ud658\uc728\uc740 23.29\ud398\uc18c \uc0c1\uc2b9\ud55c 1,622.29\ud398\uc18c\ub97c \uae30\ub85d\ud574 1.5% \uc62c\ub790\ub2e4.\uc678\ud658\uc2dc\uc7a5\uc5d0\uc11c\ub294 \uc544\ub974\ud5e8\ud2f0\ub098 \uc911\uc559\uc740\ud589\uc758 \uc678\ud658 \ub9e4\uc785 \uaddc\ubaa8\uac00 \uc608\uc0c1\ubcf4\ub2e4 \ud06c\uc9c0 \uc54a\ub2e4\ub294 \uc810\ub3c4 \uc6b0\ub824 \uc694\uc778\uc73c\ub85c \uc9c0\uc801\ub410\ub2e4.Cohen Aliados Financieros\ub294 \u201c\uc9c0\ub09c\uc8fc \ub18d\uc5c5 \ubd80\ubb38\uc774 \ud558\ub8e8 \uc57d 1\uc5b55,000\ub9cc \ub2ec\ub7ec\uc758 \uc18d\ub3c4\ub85c \uc678\ud654\ub97c \uacc4\uc18d \uc2dc\uc7a5\uc5d0 \uacf5\uae09\ud588\uc74c\uc5d0\ub3c4 \ubd88\uad6c\ud558\uace0 \uc911\uc559\uc740\ud589\uc758 \ub2ec\ub7ec \uc21c\ub9e4\uc785 \uaddc\ubaa8\ub294 2,900\ub9cc \ub2ec\ub7ec\uc5d0 \ubd88\uacfc\ud588\ub2e4\u201d\uace0 \uc124\uba85\ud588\ub2e4.\uc774\uc5b4 \u201c\uc774\ubc88 \ub2ec \ub4e4\uc5b4 \uc911\uc559\uc740\ud589\uc758 \uc21c\ub9e4\uc785\uc561\uc740 \ud604\uc7ac\uae4c\uc9c0 2\uc5b53,200\ub9cc \ub2ec\ub7ec\ub2e4. \uc9c0\uae08\uacfc \uac19\uc740 \uc18d\ub3c4\uac00 \uc720\uc9c0\ub41c\ub2e4\uba74 \uc774\ub2ec \uc804\uccb4 \uc21c\ub9e4\uc785\uc561\uc740 \uc57d 2\uc5b57,000\ub9cc \ub2ec\ub7ec\uc5d0 \uadf8\uce60 \uac83\u201d\uc774\ub77c\uace0 \uc804\ub9dd\ud588\ub2e4.Cohen \uce21\uc740 \uc774\ub7ec\ud55c \uaddc\ubaa8 \uc790\uccb4\uac00 \ub2f9\uc7a5 \uc6b0\ub824\ud560 \uc815\ub3c4\ub294 \uc544\ub2c8\uc9c0\ub9cc \u2018\uacbd\uace0 \uc2e0\ud638\u2019\ub85c \ubcfc \ud544\uc694\uac00 \uc788\ub2e4\uace0 \ubd84\uc11d\ud588\ub2e4.\ub18d\uc5c5 \ubd80\ubb38\uc5d0\uc11c \uc2dc\uc7a5\uc5d0 \uacf5\uae09\ub418\ub294 \uc678\ud654\uac00 30\uc5b5 \ub2ec\ub7ec\ub97c \ub118\uc5b4\uc124 \uac83\uc73c\ub85c \uc608\uc0c1\ub418\ub294 \uc0c1\ud669\uc5d0\uc11c\ub3c4 \uc911\uc559\uc740\ud589\uc758 \uc678\ud658 \ub9e4\uc785 \uaddc\ubaa8\uac00 \ud06c\uc9c0 \uc54a\ub2e4\ub294 \uac83\uc740 \ub2ec\ub7ec \uc218\uc694\uac00 \uc9c0\uc18d\uc801\uc73c\ub85c \uc99d\uac00\ud558\uace0 \uc788\ub2e4\ub294 \uc758\ubbf8\uc77c \uc218 \uc788\uae30 \ub54c\ubb38\uc774\ub2e4.Cohen\uc740 \u201c\uc55e\uc73c\ub85c \ub18d\uc5c5 \ubd80\ubb38\uc758 \uc678\ud654 \uacf5\uae09\uc774 \uac10\uc18c\ud560 \uacbd\uc6b0 \uad6d\uc81c \ub18d\uc0b0\ubb3c \uac00\uaca9\uc774 \uacc4\uc18d \uc0c1\uc2b9\ud558\uc9c0 \uc54a\ub294 \ud55c \ud5a5\ud6c4 \uba87 \ub2ec \ub3d9\uc548 \uc678\ud658\uc2dc\uc7a5\uc5d0 \ub354 \ud070 \uc555\ub825\uc774 \uac00\ud574\uc9c8 \uc218 \uc788\ub2e4\u201d\uace0 \uc9c0\uc801\ud588\ub2e4.\ubd80\uc5d0\ub178\uc2a4\uc544\uc774\ub808\uc2a4 \uc99d\uc2dc \uc5ed\uc2dc \ubd80\uc9c4\ud55c \ubaa8\uc2b5\uc744 \ubcf4\uc600\ub2e4.\uc6d4\uc694\uc77c S&amp;P Merval \uc9c0\uc218\ub294 2.1% \ud558\ub77d\ud55c 2,833,534\ud3ec\uc778\ud2b8\ub97c \uae30\ub85d\ud588\ub2e4. CCL \ud658\uc728\ub85c \ud658\uc0b0\ud558\uba74 \uc57d 1,746\ub2ec\ub7ec \uc218\uc900\uc73c\ub85c, \ub2ec\ub7ec \uae30\uc900\uc73c\ub85c\ub294 3.5% \ud558\ub77d\ud588\ub2e4.\uc8fc\uc694 \uc885\ubaa9 \uac00\uc6b4\ub370 \uac00\uc7a5 \ud070 \ud3ed\uc73c\ub85c \ud558\ub77d\ud55c \uae30\uc5c5\uc740 Cresud\ub85c 5.8% \ub5a8\uc5b4\uc84c\ub2e4. Transportadora de Gas del Norte\ub294 5.3%, Telecom Argentina\ub294 4.7% \ud558\ub77d\ud588\ub2e4.\ubbf8\uad6d \uc8fc\uc694 \uc8fc\uac00\uc9c0\uc218\uac00 \ud558\ub77d\ud55c \uac00\uc6b4\ub370 \uc6d4\uc2a4\ud2b8\ub9ac\ud2b8\uc5d0 \uc0c1\uc7a5\ub41c \uc544\ub974\ud5e8\ud2f0\ub098 \uae30\uc5c5\ub4e4\uc758 \uc8fc\uc2dd \uc5ed\uc2dc \uc57d\uc138\ub97c \ubcf4\uc600\ub2e4.Central Puerto\uc758 \uc8fc\uac00\ub294 6.6% \ud558\ub77d\ud588\uace0 Cresud\ub294 5.7%, Telecom Argentina\ub294 4.2% \ub5a8\uc5b4\uc84c\ub2e4.PPI \uc99d\uad8c\uc0ac\ub294 \u201cMerval \uc9c0\uc218\uac00 \uc774\ubc88 \uc8fc\ub97c 1,800\ub2ec\ub7ec \uc544\ub798\uc5d0\uc11c \uc2dc\uc791\ud588\uc73c\uba70, 9\uc6d4 \uc2e4\uc801\uc744 \uac1c\uc120\ud560 \uc218 \uc788\ub294 \uac70\ub798\uc77c\uc740 \uc774\uc81c 3\uc77c\ubc16\uc5d0 \ub0a8\uc9c0 \uc54a\uc558\ub2e4\u201d\uace0 \ubd84\uc11d\ud588\ub2e4.PPI\ub294 \uadf8\ub7ec\ub098 \uc544\ub974\ud5e8\ud2f0\ub098 \uad6d\ub0b4 \uc694\uc778\ubfd0 \uc544\ub2c8\ub77c \uad6d\uc81c \uae08\uc735\uc2dc\uc7a5 \uc0c1\ud669\ub3c4 \uc55e\uc73c\ub85c \uc911\uc694\ud55c \ubcc0\uc218\uac00 \ub420 \uac83\uc774\ub77c\uace0 \uc9c0\uc801\ud588\ub2e4.\ubbf8\uad6d \uad6d\ucc44 \uc218\uc775\ub960\uc740 \uc5ec\uc804\ud788 \ub192\uc740 \uc218\uc900\uc744 \uc720\uc9c0\ud558\uace0 \uc788\uc73c\uba70 \ubbf8\uad6d \uc5f0\ubc29\uc900\ube44\uc81c\ub3c4(Fed)\uc758 \ucd94\uac00 \uae08\ub9ac \uc778\uc0c1 \uac00\ub2a5\uc131\uc5d0 \ub300\ud55c \uc804\ub9dd\ub3c4 \uacc4\uc18d\ub418\uace0 \uc788\ub2e4.\uc774\uc5d0 \ub530\ub77c \uc55e\uc73c\ub85c \ubc1c\ud45c\ub420 \ubbf8\uad6d\uc758 \uacbd\uc81c\ud65c\ub3d9, \ubb3c\uac00 \ubc0f \uace0\uc6a9 \uc9c0\ud45c\uac00 \ud5a5\ud6c4 \uae08\ub9ac \uc804\ub9dd\uc744 \uacb0\uc815\ud558\ub294 \ub370 \uc911\uc694\ud55c \uc5ed\ud560\uc744 \ud560 \uac83\uc73c\ub85c \uc608\uc0c1\ub41c\ub2e4. \uc774\ub294 \ub2e4\uc2dc \uad6d\uc81c \ud22c\uc790\uc790\ub4e4\uc758 \uc704\ud5d8\uc790\uc0b0 \uc120\ud638\ub3c4\uc5d0\ub3c4 \uc601\ud5a5\uc744 \ubbf8\uce60 \uc804\ub9dd\uc774\ub2e4.\uc5ec\uae30\uc5d0 \uc911\ub3d9 \uc9c0\uc5ed\uc758 \ubd84\uc7c1\uc774 \uc5b4\ub5bb\uac8c \uc804\uac1c\ub420\uc9c0\ub3c4 \uad6d\uc81c \uc6d0\uc720 \uac00\uaca9\uc758 \uc6c0\uc9c1\uc784\uc5d0 \uc601\ud5a5\uc744 \ubbf8\uce60 \uc218 \uc788\ub294 \ub610 \ub2e4\ub978 \ubcc0\uc218\ub77c\uace0 PPI\ub294 \uc124\uba85\ud588\ub2e4.\uacb0\uad6d \uc544\ub974\ud5e8\ud2f0\ub098 \uae08\uc735\uc2dc\uc7a5\uc740 \uad6d\ub0b4 \uc815\uce58\uc801 \ubd88\ud655\uc2e4\uc131\uacfc \uc911\uc559\uc740\ud589\uc758 \uc678\ud658\ubcf4\uc720\uc561 \ud655\ucda9 \uc18d\ub3c4 \ub454\ud654\ub77c\ub294 \ub0b4\ubd80 \uc694\uc778\uc5d0 \ub354\ud574 \ubbf8\uad6d\uc758 \ub192\uc740 \uae08\ub9ac\uc640 \uad6d\uc81c \uae08\uc735\uc2dc\uc7a5\uc758 \ubd88\uc548\uc774\ub77c\ub294 \uc678\ubd80 \uc694\uc778\uae4c\uc9c0 \ub3d9\uc2dc\uc5d0 \uc601\ud5a5\uc744 \ubc1b\uace0 \uc788\ub2e4.\uc774\ub7ec\ud55c \uc0c1\ud669\uc5d0\uc11c \uad6d\uac00\uc704\ud5d8\uc9c0\uc218\ub294 642\ud3ec\uc778\ud2b8\uae4c\uc9c0 \uc0c1\uc2b9\ud558\uba70 \uc57d 10\uac1c\uc6d4 \ub9cc\uc5d0 \ucd5c\uace0 \uc218\uc900\uc744 \uae30\ub85d\ud588\uace0, \uc544\ub974\ud5e8\ud2f0\ub098 \uad6d\ucc44\uc640 \uc8fc\uc2dd\uc2dc\uc7a5\uc5d0\ub3c4 \ud558\ub77d \uc555\ub825\uc774 \uc774\uc5b4\uc9c0\uace0 \uc788\ub2e4.<\/p>\n","protected":false},"author":6,"featured_media":15259,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_joinchat":[],"footnotes":""},"categories":[23,25,61],"tags":[],"class_list":["post-15258","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\/15258","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=15258"}],"version-history":[{"count":0,"href":"https:\/\/hanin.org.ar\/index.php?rest_route=\/wp\/v2\/posts\/15258\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/hanin.org.ar\/index.php?rest_route=\/wp\/v2\/media\/15259"}],"wp:attachment":[{"href":"https:\/\/hanin.org.ar\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=15258"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hanin.org.ar\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=15258"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hanin.org.ar\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=15258"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}