The Organisation for Economic Co-operation and Development (OECD) said Argentina will grow 7.6% this year, an improvement of 1.5% from the previous forecast in May. With this outlook, Argentina ranks third in the OECD's growth outlook, behind China and Turkey. However, when looking at the OECD's projections for 2022, the scenario is different. While the Argentine government foresees a 4% rise in GDP by 2022, the OECD forecasts a rise of only 1.9%, the lowest of those estimated so far. As for the inflation outlook, the OECD estimates that 2021 will end with a 47% rise in prices, and predicts inflation of 48.3% by 2022.