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    Low inflation in Argentina

    September 11, 20252 Mins Read
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    Low inflation in Argentina

    In Argentina, inflation remains less than 2 % in the fourth month.

    In August in Argentina, although the exchange rate fluctuations in the inflation market, it was still less than 2 % in the fourth month in a row. According to a statement of the Argentine Statistics Office (INDEC), the consumer price increased by 1.9 % in August in August, less than 2 %, with market expectations. Shipping, increasing cars and fuel due to the 3.9 percent of the group is the increasing group. This is followed by an increase of 3.5 percent due to tobacco prices, followed by alcoholic beverages and tobacco. The volatility before an important vote in Buenos Aires last month caused the government to intervene in the money market. In these elections, the ruling party was defeated by about 14 points for the left Peronic rivals. “For the first time since November 2017, inflation has been less than 2 % for four consecutive months,” Economic Minister Luis Caputo X accounts. He wrote. Annual inflation decreased from 36.6 percent to 33.6 percent. According to a survey conducted by the central bank in the central bank in August, Argentina's annual inflation rate was estimated at 28 % this year.

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