Monthly inflation rate hits 12.4%, a 32-year high - News Summed Up

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Monthly inflation rate hits 12.4%, a 32-year high


Argentina’s monthly inflation rate was 12.4% in August, according to the National Institute for Statistics and Census (INDEC, for its Spanish acronym). The figure is almost double that of July and represents the highest monthly rate since February 1991, when the country was mired in a hyperinflation crisis. Eco Go predicts an 11% inflation rate for September. pic.twitter.com/OA5CQQ5POL — Patricia Bullrich (@PatoBullrich) September 13, 2023Shortly after INDEC released the monthly inflation rate, Juntos por el Cambio presidential candidate Patricia Bullrich took aim at the ruling coalition on X (formerly Twitter). INDEC will publish September’s inflation rate on October 12.


Source: Bueno Aires Herald September 14, 2023 01:58 UTC



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