In August, Buenos Aires witnessed a slight decrease in inflation, which dropped to 4.2% from July’s 5.1%.Despite this 1.1 percentage point reduction, the rate stubbornly remains above the crucial 4% mark. From the start of the year to August, the city has seen inflation accumulate to 106.8%. Over the past year, the increase has been even more pronounced at 243.1%.
September 9, 2024
SOURCE: RIO TIMES
MORE COVERAGE:
Buenos Aires Sees a Slight Ebb in Inflation but Remains Above Key Threshold