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MercoPress, en Español

Montevideo, July 27th 2024 - 00:11 UTC

Tag: Argentina's Consumer Price Index (CPI)

  • Friday, June 14th 2024 - 09:30 UTC

    Argentina's Indec says May's CPI reached 4.2%

    Minister Caputo celebrated what he deemed to be another achievement in curbing inflation

    Argentina's National Institute of Statistics and Census (Indec) announced Thursday that the Consumer Price Index (CPI) had grown 4.2% in May, which was celebrated by the Libertarian administration of President Javier Milei as another sign of a slow victory over inflation despite the 71.9% recorded in the first five months of 2024 and the 276.4% yoy.

  • Tuesday, May 14th 2024 - 23:05 UTC

    Argentina: Inflation keeps decelerating in April

    Before April, monthly inflation had remained in double digits for five months in a row, Argentina's National Institute of Statistics and Census reported

    Argentina's National Institute of Statistics and Census (Indec) Tuesday announced that April's Consumer Price Index (CPI) stood “at 8.8% in April 2024 compared to March and 289.4% year-on-year.” The government agency also noted in its X account that “they accumulated an increase of 65% in the first quarter.”

  • Friday, April 12th 2024 - 21:40 UTC

    Argentina: Inflation in March reaches 11%

    Friday's results somehow corroborated Economy Minister Luis Toto Caputo's forecast

    According to a report released Friday in Buenos Aires by Argentina's National Institute of Statistics and Census (Indec), the Consumer Price Index (CPI) in March in the South American country went up 11% for an interannual total of 287.9%. The new figure represented a 2.2% decrease from February but a 51.6% growth in the first quarter of 2024.

  • Friday, October 13th 2023 - 08:49 UTC

    September's inflation hits new monthly ceilings in Argentina

    In the first nine months of the year, food rose 117.5%

    Argentina's National Institute of Statistics and Census (Indec) Thursday announced that the Consumer Price Index (CPI) went up 12.7% in September, thus hitting an all-time monthly high since 1991, it was reported in Buenos Aires.

  • Sunday, February 5th 2023 - 09:25 UTC

    BCRA's REM report forecasts 2023 inflation in Argentina will reach 97.6%

    The new inflationary projections would mean a 0.8% improvement from 2022's figures but still one of the worst in the world

    With a Consumer Price Index (CPI) for January 2023 expected at 5.6%, Argentina's Central Bank (BCRA) issued a report Friday forecasting that inflation for the entire year would be 97.6% while the country's Gross Domestic Product (the sum of all services and goods traded) will only grow by 0.5%.

  • Thursday, October 18th 2018 - 07:36 UTC

    Argentina with a record 6.5% inflation in September, and 40.5% in twelve months

    The top price increases were in transportation, 10.4%, and shoes and clothing, up 9.8%. Food prices climbed 7%.

    Argentina says that consumer prices rose 6.5% in September bringing the twelve month inflation rate to 40.5%, one of the world's highest. The inflation rate published by the official statistics agency Indec, on Wednesday follows a sharp devaluation of Argentina's currency. The nine month rate reached 32.4%.

  • Tuesday, April 17th 2018 - 08:14 UTC

    Argentina's inflation hard to beat: “inflation has to fall a lot in May”

    “Inflation has to fall a lot beginning in May” to meet the 15% target Central bank chair Sturzenegger said at a press conference.

    Argentina’s central bank would raise interest rates if inflation does not fall “a lot” beginning in May to a level consistent with its 2018 target for a 15% rise in consumer prices, central bank Governor Federico Sturzenegger said on Monday.

  • Saturday, February 17th 2018 - 09:55 UTC

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

    Last year, the annual inflation reached 24.8%, well above the central bank's target for 2017, of between 12% and 17%.

    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%).