Argentina’s March Inflation Slows Despite Yearly Uptick
Argentina’s March Inflation Slows Despite Yearly Uptick

In March, Argentina experienced a notable slowdown in inflation to 11%, yet the year’s cumulative figure climbed to 51.6% according to INDEC. The report highlights the third consecutive month of inflation deceleration following December’s currency devaluation-triggered spike. Initially, December recorded a staggering 25.5% rise in prices, which eased to 20.6% in January and further to 13.2% in February. Nonetheless, the annual inflation rate escalated to an alarming 287.9%, a peak not seen since March 1991.

April 12, 2024 

SOURCE: RIO TIMES

MORE COVERAGE: 

https://www.riotimesonline.com/argentinas-march-inflation-slows-despite-yearly-uptick

By Nicolas

Leave a Reply

Your email address will not be published. Required fields are marked *