*Argentina’s national statistics institute (Indec) has released the latest consumer price index for January which shows monthly inflation was 20.6%, down from 25.5% in December 2023. However the annual rate was 254.2% up from the 211.4% recorded in December, already the highest rate in decades. While the monthly rate reflects a slowdown it remains very high compared to previous months November (12.8%), October (8.3%), and September (12.7%). According to Indec, the steepest monthly price increases were for goods and services (+44.4%), transport (+26.3%), and communication (+25.1%).
Back
LatinNews Daily - 15 February 2024
In brief: Monthly inflation slows in Argentina but remains high
- ECUADOR: Date set for referendum
- In brief: Industrial production falls in Colombia
- BRAZIL: Authorities investigate high-security prison break
- In brief: Brazil’s Lula looks to deepen ties with Egypt
- GUATEMALA: Anti-corruption commission head sworn in
- In brief: Costa Rica’s fiscal deficit rises
- MEXICO: MC reveals stance on López Obrador’s reforms
- In brief: Mexico hails rise in FDI
- PARAGUAY: Fears of democratic backsliding as opposition senator ousted
- In brief: Monthly inflation slows in Argentina but remains high