Argentine January inflation 1.8%; minister admits it is a slower pace than expected

Saturday, February 17th 2018 - 09:55 UTC

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Argentina's Consumer Price Index (CPI) rose by 1.8% in January 2018, after increasing 3.1% in December 2017, said the country's statistics office Indec. Despite the deceleration, the reading was higher than market expectations for the monthly consumer price inflation (+1.5%). The result was primarily influenced by higher costs for entertainment and culture (+3.5%). Read full article

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Enrique Massot
None like the Macri government to turn bad news into a promise for a better...invariably very distant - future.
Feb 17th, 2018 - 05:54 pm - Link - Report abuse -3
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Zaphod Beeblebrox
Would you prefer that he lied to you and presented fake inflation numbers and told you that everything was doing just fine?

Like CFK used to do?

https://www.investopedia.com/articles/insights/022817/how-facts-fail-argentinas-cautionary-tale-trump-era.asp
Feb 19th, 2018 - 07:51 pm - Link - Report abuse +1
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