{"id":7422,"date":"2025-04-10T20:11:54","date_gmt":"2025-04-10T23:11:54","guid":{"rendered":"https:\/\/hanin.org.ar\/?p=7422"},"modified":"2025-04-10T20:11:55","modified_gmt":"2025-04-10T23:11:55","slug":"%ec%98%a4%eb%8a%98%ec%9d%98-%ea%b2%bd%ec%a0%9c04%ec%9b%94-10%ec%9d%bc","status":"publish","type":"post","link":"https:\/\/hanin.org.ar\/?p=7422","title":{"rendered":"\uc624\ub298\uc758 \uacbd\uc81c(04\uc6d4 10\uc77c)"},"content":{"rendered":"\n<figure class=\"wp-block-image size-full\"><img fetchpriority=\"high\" decoding=\"async\" width=\"275\" height=\"183\" src=\"https:\/\/hanin.org.ar\/wp-content\/uploads\/2025\/04\/download-12.jpg\" alt=\"\" class=\"wp-image-7423\" \/><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">\uc624\ub298\uc758 \uacbd\uc81c<\/p>\n\n\n\n<ol class=\"wp-block-list\">\n<li>\ubb34\uc5ed\uc804\uc7c1 \uc7a0\uc2dc \uc911\ub2e8<br>\ud2b8\ub7fc\ud504 \ubbf8\uad6d \ub300\ud1b5\ub839\uc740, \ubbf8\uad6d\uc5d0 \ub300\ud574 \ubcf4\ubcf5\uad00\uc138\ub97c \uc2e4\uc2dc\ud558\uc9c0 \uc54a\ub294 \ubaa8\ub4e0 \uad6d\uac00\uc5d0\uac8c \ucd5c\uc18c \uad00\uc138\uc778 10% (\uc911\uad6d \uc81c\uc678)\ub9cc \uc801\uc6a9\ud55c\ub2e4\uace0 \ubc1c\ud45c\ud558\uc790, \uc138\uacc4\uc2dc\uc7a5\uc740 \uc548\ub3c4\uc758 \ud55c\uc228\uc744 \uc26c\uc5c8\ub2e4.<br>\ubbf8\uad6d\uc740 \uc911\uad6d\uacfc \uad00\uc138\ub97c \ud655\ub300\ud558\uba74\uc11c, \ub2e4\ub978 \uad6d\uac00\ub4e4\uacfc\ub294 \ud611\uc0c1\ud560 \uc2dc\uac04\uc744 \uac16\uae30 \uc704\ud574 90\uc77c\uac04 \uc720\uc608\ud588\ub2e4.<br>\ud558\uc9c0\ub9cc \uc911\uad6d\uc5d0 \ub300\ud574\uc11c\ub294 125%\ub85c \uc778\uc0c1\ud588\ub2e4.<\/li>\n\n\n\n<li>\uc6d4\uc2a4\ud2b8\ub9ac\ud2b8 \uac15\ub825\ud55c \uc0c1\uc2b9<br>\ud2b8\ub7fc\ud504\uc758 \uad00\uc138 \uc720\uc608 \ubc1c\ud45c \uc774\ud6c4 \ub274\uc695 \uc99d\uc2dc\ub294 \uae09\ub4f1\ud588\ub2e4.<br>\uc2dc\uc7a5\uc740 \uc774\ub807\uac8c \uc2dc\uc791\ud588\ub2e4.<br>\ub2e4\uc6b0\uc874\uc2a4 7.87%, S&amp;P 500 9.52%, \ub098\uc2a4\ub2e5 12.16%\uac00 \ud3ed\ub4f1\ud588\ub2e4.<br>\uc5f0\uc900\uc740 \uc0c8\ub85c\uc6b4 \uad00\uc138\ub85c \uc778\ud55c \uc131\uc7a5 \ub454\ud654 \uac00\ub2a5\uc131 \ub54c\ubb38\uc5d0 5\uc6d4\uc5d0 \uc5f4\ub9ac\ub294 \uc774\uc0ac\ud68c\uc5d0\uc11c 79.1% \ud658\uc728\ub85c \uae08\ub9ac\uc778\ud558 \uac00\ub2a5\uc131\uc774 \uc788\ub2e4\uace0 \uc2dc\uc7a5\uc740 \uc608\uc0c1\ud55c\ub2e4.<\/li>\n\n\n\n<li>\uad6d\ub0b4\uc2dc\uc7a5\uc758 \uc548\ub3c4<br>\ubbf8\uad6d\uc758 \uc0c8\ub85c\uc6b4 \uad00\uc138 \uc815\ucc45\uacfc IMF \ud611\uc815\uc758 \ubd88\ud655\uc2e4\uc131\uc73c\ub85c \uc778\ud55c \uad6d\ub0b4\uc2dc\uc7a5\uc758 \ud3ed\ub77d \uc774\ud6c4, \uc5b4\uc81c\ub294 \uc548\uc815\ub418\uc5c8\ub2e4.<br>\uadf8\ub9ac\uace0 \ubbf8\uad6d\uc774 \uc870\uce58\ud55c \ubb34\uc5ed\uc804\uc7c1 \uc720\uc608\ub294 \uad6d\ub0b4\uc640 \uc138\uacc4\uc2dc\uc7a5\uc758 \uc0c1\uc2b9\uc744 \ubd88\ub7ec\uc654\ub2e4.<br>Merval \uc9c0\uc218\ub294 10%, ADR\uc740 15%, \ucc44\uad8c\uc740 5% \uac01\uac01 \uc0c1\uc2b9\ud588\ub2e4.<br>\ub530\ub77c\uc11c \uad6d\uac00\uc704\ud5d8\ub3c4\ub294 11.7% \ud558\ub77d\ud558\uc5ec 889bp\ub85c \ub9c8\uac10\ud588\ub2e4.<\/li>\n\n\n\n<li>\ubd80\uc5d0\ub178\uc2a4\uc544\uc774\ub808\uc2a4\uc2dc : \uc778\ud50c\ub808\uc774\uc158 \uc0c1\uc2b9<br>\ubd80\uc5d0\ub178\uc2a4\uc544\uc774\ub808\uc2a4\uc2dc \ud1b5\uacc4\uad6d\uc5d0 \ub530\ub974\uba74, 3\uc6d4 \uc2dc\uc758 \uc778\ud50c\ub808\uc774\uc158\uc740 3.2%\ub97c \uae30\ub85d\ud588\ub2e4.<br>2\uc6d4\uc5d0\ub294 2.1%\uc600\ub2e4.<br>\ub530\ub77c\uc11c 1\ubd84\uae30 \uc778\ud50c\ub808\uc774\uc158\uc740 8.6%\ub97c \ubcf4\uc600\ub2e4.<br>\uc804\ub144 \ub300\ube44 \ubb3c\uac00\uc0c1\uc2b9\ub960\uc740 63.5%\uc774\ub2e4.<br>\uc2dc\uc758 3\uc6d4 \ubb3c\uac00 \uc778\uc0c1 \uc8fc\ub3c4 \ud488\ubaa9\uc740 \uc2dd\ud488, \uad50\uc721\ube44, \uc8fc\ud0dd\ube44\uc600\ub2e4.<\/li>\n\n\n\n<li>\uc0b0\uc5c5\uacfc \uac74\uc124\uc5c5 \ubc18\ub4f1<br>\uad6d\ub9bd\ud1b5\uacc4\uccad (INDEC)\uc758 \uc790\ub8cc\uc5d0 \ub530\ub974\uba74, 2\uc6d4 \uc0b0\uc5c5\uc0dd\uc0b0\uc9c0\uc218 (IPI)\ub294 0.5% \ub298\uc5c8\uace0, 2024\ub144 2\uc6d4\uacfc \ube44\uad50\ud558\uba74 5.6% \uc0c1\uc2b9\ud588\ub2e4.<br>\uccab \ub450\ub2ec \ub204\uc801\uc73c\ub85c\ub294 \uc804\ub144 \ub3d9\uae30 \ub300\ube44 6.6% \uc99d\uac00\ud588\ub2e4.<br>\ud55c\ud3b8 \uac74\uc124\uc740 2\uc6d4 \uc9c0\ub09c\ud574 \uac19\uc740 \ub2ec\uc5d0 \ube44\ud5743.7% \ubc18\ub4f1\ud588\ub2e4.<br>1\uc6d4\uc5d0 \ube44\ud574\uc11c\ub294 2% \uc99d\uac00\ud588\uace0, \uc62c\ud574 \uccab \ub450\ub2ec \ub3d9\uc548\uc740 \uc791\ub144 \uccab 2\uac1c\uc6d4 \ub300\ube44 1.1%\uac00 \ub298\uc5b4\ub0ac\ub2e4.<\/li>\n\n\n\n<li>IMF \ud611\uc815\uc758 \uad6c\uccb4\uc801\uc778 \ub0b4\uc6a9<br>\uc624\ub79c \uae30\ub2e4\ub9bc \ub05d\uc5d0 IMF\uc640 \uc0c8\ub85c\uc6b4 \ud611\uc815\uc5d0 \uad00\ud55c \uc790\ub8cc\uac00 \uacf5\uac1c\ub418\uae30 \uc2dc\uc791\ud588\ub2e4.<br>IMF\ub294 200\uc5b5 \ub2ec\ub7ec \ucc28\uad00\uc744 \ubc1c\ud45c\ud588\ub2e4.<br>\uc815\ubd80\ub294 \uc5b4\uc81c \ud611\uc815\uc774 \uc624\uc804\uc5d0 \uc2b9\uc778\ub418\uc5c8\uc73c\uba70, 4\ub144\uac04 \uc7ac\uc815 \uc9c0\uc6d0\ub3c4 \ud3ec\ud568\ud55c\ub2e4\uace0 \ubc1d\ud614\ub2e4.<br>\ub9cc\uae30\ub294 2039\ub144\uae4c\uc9c0\ub85c 10\ub144 \uc0c1\ud658\uc774\ub2e4.<br>\uadf8\ub9ac\uace0 4\ub144 \ubc18\uc758 \uac70\uce58 \uae30\uac04\uc744 \uac16\ub294\ub2e4.<br>\ub530\ub77c\uc11c \uc0c1\ud658\uc740 2029\ub144\ubd80\ud130 \uc2dc\uc791\ub41c\ub2e4.<br>\ub610 \uc774\uc728\ub3c4 6.46%\uac00 \uc544\ub2cc 5.63%\ub85c \ud655\uc815\ub410\ub2e4.<br>\uc815\ubd80\ub294 \uc774 \uc790\uae08\uc744 \uc911\uc559\uc740\ud589\uc774 \ubcf4\uc720\ud558\uace0 \uc788\ub294 \uc7ac\ubb34\uccad \ubc1c\ud589 \uc591\ub3c4\ubd88\uac00\uc99d\uad8c\uc744 \uc0c1\ud658\ud558\ub294\ub370 \uc0ac\uc6a9\ud560 \uac83\uc774\uae30 \ub54c\ubb38\uc5d0, \uc0c8 \ud611\uc815\uc758 \ucc28\uad00\uc774 \ucc44\ubb34 \uc99d\uac00\ub97c \uc758\ubbf8\ud558\ub294 \uac83\uc740 \uc544\ub2c8\ub77c\uace0 \uc8fc\uc7a5\ud55c\ub2e4.<\/li>\n\n\n\n<li>\ubbf8\uad6d \uc778\ud50c\ub808\uc774\uc158 \uac10\uc18c<br>\ubbf8\uad6d\uc758 3\uc6d4 \uc778\ud50c\ub808\uc774\uc158\uc740 2.4%\ub85c, \uc9c0\ub09c\ud574 9\uc6d4 \uc774\ud6c4 \uac00\uc7a5 \ub0ae\uc740 \uc218\uc900\uc774\uc5c8\ub2e4.<br>\uc2dd\ud488\uacfc \uc5d0\ub108\uc9c0\ub97c \uc81c\uc678\ud55c \uae30\ucd08 \uc778\ud50c\ub808\uc774\uc158\uc740 2.8%\ub85c 2\uc6d4\uc758 3.1%\ubcf4\ub2e4 \uac10\uc18c\ud588\ub2e4.<br>\uac70\uc758 4\ub144\ub9cc\uc5d0 \uac00\uc7a5 \ub0ae\uc740 \uc0c1\uc2b9\uc774\ub2e4.<br>\uc55e\uc73c\ub85c \uc8fc\uc2dc\ud560 \uc810\uc740 \ud2b8\ub7fc\ud504 \ub300\ud1b5\ub839\uc774 \ubd80\uacfc\ud55c \uad00\uc138\uac00 \ubbf8\uad6d \uacbd\uc81c\uc5d0 \ubbf8\uce58\ub294 \uc601\ud5a5\uc73c\ub85c \uc778\ud50c\ub808\uc774\uc158\uacfc \uacbd\uc81c \uc131\uc7a5\uc774 \uad00\ub828\uc774 \uc788\uae30 \ub54c\ubb38\uc774\ub2e4.<\/li>\n<\/ol>\n","protected":false},"excerpt":{"rendered":"<p>\uc624\ub298\uc758 \uacbd\uc81c<\/p>\n","protected":false},"author":6,"featured_media":7423,"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-7422","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\/7422","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=7422"}],"version-history":[{"count":1,"href":"https:\/\/hanin.org.ar\/index.php?rest_route=\/wp\/v2\/posts\/7422\/revisions"}],"predecessor-version":[{"id":7424,"href":"https:\/\/hanin.org.ar\/index.php?rest_route=\/wp\/v2\/posts\/7422\/revisions\/7424"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/hanin.org.ar\/index.php?rest_route=\/wp\/v2\/media\/7423"}],"wp:attachment":[{"href":"https:\/\/hanin.org.ar\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=7422"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hanin.org.ar\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=7422"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hanin.org.ar\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=7422"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}