Job Offers

Specials more

Top 5 - yesterday

Top 5 - last week

Top 5 - last month

Argentina: Inflation rate at highest level since 1991

Last month, Argentina's annual inflation hit its highest rate in more than 30 years. Official data showed that prices almost doubled versus a year ago. In December, consumer prices jumped 5.1% month-on-month, according to national statistics agency INDEC. In the twelve months through December, inflation in the country reached 94.8%.

Recently, Economy Minister Sergio Massa projected December inflation would not exceed 5%, adding that monthly increases should edge down to around 3% by April. While many economists expect monthly inflation to remain in line with December's uptick, factors outside the country's economic slump or government-set price caps continue to pose elevated risks.


Publication date:

Receive the daily newsletter in your email for free | Click here

Other news in this sector:

Sign up for our daily Newsletter and stay up to date with all the latest news!

Subscribe I am already a subscriber

You are using software which is blocking our advertisements (adblocker).

As we provide the news for free, we are relying on revenues from our banners. So please disable your adblocker and reload the page to continue using this site.

Click here for a guide on disabling your adblocker.