Argentine analysts held their forecasts for this year's inflation nearly steady, according to the central bank's market expectations survey published on Monday, predicting year-end inflation at 23.3%.

Argentina's monthly inflation rate is seen hitting 3.1% in April, a dip from the 3.7% rate recorded in March, according to the median forecast of a Reuters poll published on Monday.

The central bank had in late January trimmed its benchmark interest rate to 29% from 32%, citing inflation's downward trajectory. Argentina's monthly inflation slowed to 2.2% in January, its ...