Monthly inflation for Buenos Aires was 12% in September, according to the city government’s second price index since August’s 22% devaluation of the peso. It is the highest monthly figure since the government began tracking inflation in 2012. These increases were driven by sectors including food, drink, housing, utilities, hospitality, and clothing, the Buenos Aires city government’s General Directorate of Statistics and Census (DGESYC, by its Spanish acronym) wrote in its monthly report. According to the consulting firm Ecolatina, inflation in Greater Buenos Aires was 12.4% in September. The National Institute for Statistics and Census (INDEC) will release the national figure for September on October 12.

Source: Bueno Aires Herald October 06, 2023 21:57 UTC