Inflation slows to lowest level since last August
- Argentina’s inflation slowed for a third straight month to the lowest level since August in a victory for President Javier Milei following a surge in March due to the Iran war-related energy shock.
- Consumer prices rose 1.9 percent last month compared with May, just below the two percent median estimate of economists surveyed by Bloomberg.
- From a year ago, inflation picked up marginally to 33.5 percent from 33.2 percent, according to data published Tuesday by the statistics agency INDEC.
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- Argentina’s inflation slowed for a third straight month to the lowest level since August in a victory for President Javier Milei following a surge in March due to the Iran war-related energy shock.
- Consumer prices rose 1.9 percent last month compared with May, just below the two percent median estimate of economists surveyed by Bloomberg.
- From a year ago, inflation picked up marginally to 33.5 percent from 33.2 percent, according to data published Tuesday by the statistics agency INDEC.
Sources: Batimes