Greater Buenos Aires January consumer prices rose 1.3% in January

Tuesday, February 14th 2017 - 11:17 UTC

Full article 3 comments

Consumer prices in greater Buenos Aires rose 1.3% in January over the previous month, Argentina's official Indec statistics agency announced, far below market expectations and in line with the central bank's annual target. January's reading was slightly above 1.2% inflation in December. Read full article

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Marti Llazo
Here is how you determine the likely real inflation rates in Argentina:

When government sources make a prediction for an inflation rate, add 10 percentage points.

When “private economists” make predictions, take their average and add 5 percentage points.
Feb 14th, 2017 - 09:39 pm - Link - Report abuse 0
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Zaphod Beeblebrox
It is reasonable to expect that energy usage will reduce as the price people have to pay becomes closer to the true cost, so there will be further benefits in efficiency and reduced demand. If these more reliable stats are showing a reduction in core inflation too then this has to be good news for the economy.
Feb 15th, 2017 - 06:58 pm - Link - Report abuse 0
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DemonTree
So, inflation has fallen just before the salary negotiation with the unions? That's a little too convenient if you ask me. But I hope you are right Zaphod and it is a real reduction in core inflation.
Feb 15th, 2017 - 07:58 pm - Link - Report abuse 0
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