Argentina's Consumer Price Index (CPI-Cost of Living) rose 2.5% during August and fell below 3% in July, according to a report from the National Institute of Statistics and Census (Indec) released Tuesday.
Uruguay's National Statistics Institute (INE) Friday issued its monthly report according to which the country's Consumer Price Index (CPI) for August 2021 showed a 0.85% increase.
The Argentine Central Bank's monthly Survey of Market Expectations (REM) has matched the National Institute of Statistics and Census (INDEC) announcement Thursday of a 3.2% increase in retail prices nationwide.
Uruguay's yearly Consumer Price Index (CPI) was 7.33% as per data released Monday by the National Institute of Statistics (INE), slightly above the government's target.
Uruguay has managed to keep inflation at 6.8%, which is within the government's target range for the first time in 36 months, it was announced Wednesday.
Argentina's Consumer Price Index, CPI rose in January for the second month running 4%, questioning the government's target of 30% inflation in 2021. In effect twelve-month inflation reached 38,5% in January, following on the 4% for December, according to the latest release from the country's stats office, Indec.
Argentina's 12-month inflation slowed in May as many consumers stayed home while shops and other businesses mostly remained closed because of social distancing measures intended to control the spread of the coronavirus.
Argentina's stats office Indec, is scheduled to announce December's inflation and for the whole of a very volatile 2018 next Tuesday, with estimates ranging at 48%, the highest in the country since 1991. November's Consumer Price Index was 3.2%.
The United States consumer prices were unchanged in November, held back by a sharp decline in the price of gasoline, but underlying inflation pressures remained firm amid rising rents and healthcare costs. The strength in underlying inflation reported by the Labor Department on Wednesday supports views that the Federal Reserve will raise interest rates at its Dec. 18-19 policy meeting. The U.S. central bank has hiked rates three times this year.
Brazil's inflation eased more-than-expected in August as prices fell from the previous month, preliminary data from the statistical office IBGE showed Thursday. The consumer price index, IPCA, rose 4.19% year-on-year following a 4.48% in July. Economists had forecast a 4.29% inflation rate.