Argentine inflation 3.1% in May and 57.3% in twelve months

Friday, June 14th 2019 - 09:40 UTC

Full article 5 comments

Argentine consumer prices rose 3.1% in May, the government’s official statistics agency said on Thursday. Accumulated inflation in the 12 months through May came to 57.3%, and year-to-date inflation was 19.2%, according to the National Census and Statistics Institute, known by its acronym, INDEC. Read full article

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Zaphod Beeblebrox
“At 3.1%, May inflation was down from last month’s 3.4% reading.”

Any comments Reekie?
Jun 14th, 2019 - 05:01 pm - Link - Report abuse 0
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Enrique Massot
ZB

”At 3.1%, May inflation was down from last month's (but) remains high by historical standards.”

Any comments, Zaphod?
Jun 14th, 2019 - 09:24 pm - Link - Report abuse 0
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:o))
Argentina WITHOUT hyperinflation will be a nightmare!
Jun 15th, 2019 - 05:01 pm - Link - Report abuse 0
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Zaphod Beeblebrox
””At 3.1%, May inflation was down from last month's (but) remains high by historical standards.”

Any comments, Zaphod?“

I'm not sure I can add anything to the story - it is a small move in the right direction, but still a long way to go and we don't know if it will be sustained. So it doesn't really mean much, but it IS a small improvement, which may be temporary. Given the way that you jump on any bad news as ”proof” that Macri is doing everything wrong, while ignoring any positive changes I am not surprised that you have no comment on this story-it doesn't fit your narrative.
Jun 17th, 2019 - 05:04 pm - Link - Report abuse 0
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:o))
3.1% is an official arbitrary figure. The REAL one could be much - MUCH - higher!

It's truly amazing to note; how the ignorant still continue to believe in the Corrupt South American Governments!
Jun 18th, 2019 - 02:27 pm - Link - Report abuse 0
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