Argentina's National Institute of Statistics and Census (Indec) announced Thursday that September's Consumer Price Index (CPI)stood at 3.5% for a yoy total of 209%. So far in 2024, inflation reached 101.6%, with housing, utilities, and fuels accounting for the largest increases. Thursday's figures represented a slowdown from August's 4.2%. The Core CPI, which records inflation excluding seasonal and regulated prices, stood at 3.3%.
According to a report from the National Institute of Statistics and Census (Indec), released Thursday, poverty in Argentina rose to 52.9% in the first half of 2024, affecting nearly around 25 million people, while indigence stood at 18.1% (8.5 million). These figures represented a significant setback from the 41.7% (19.5 million people) poverty rate from the second half of 2023. The Indigence Index measures people whose income is not even enough to buy the minimum amount of food for subsistence.
According to a report from Argentina's National Institute of Statistics and Census (Indec), unemployment in the South American country reached 7.6 % in the second quarter of 2024. The figures were consistent with the 7.7% recorded in the previous trimester but represented a sharp interannual deterioration from the 6.2% during the same period of 2023.
Argentina's Consumer Price Index (CPI) for the month of August went up 4.2%, the National Institute of Statistics and Census (Indec) announced Wednesday. The new figure represented a setback from July's 4% and a 236.7% interannual increase. So far in 2024, inflation reached 94.8%.
Argentina's Consumer Price Index (CPI) went up 4% in July, the National Institute of Statistics and Census (Indec) announced Wednesday in Buenos Aires. Thus, interannual inflation stood at 263.4%. So far in 2024, prices rose by 87%.
Former Argentine Domestic Trade Secretary Guillermo Moreno was sentenced to three years in jail and imposed a six-year disenfranchisement. According to local media, he was found guilty of rigging the data published by the National Institute of Statistics and Census (Indec) between 2006 and 2007 under then-President Cristina Fernández de Kirchner (CFK).
The Consumer Price Index (CPI) reached 4.6% last month in Argentina for a year-on-year 271.5%, according to a National Institute of Statistics and Census (Indec) survey released Friday. These figures also yielded a 79.8% increase in the first semester of 2024.
Argentine President Javier Milei admitted that his country's process of curbing inflation would be making a pause from the 4.2% the National Institute of Statistics and Census (Indec) announced for May this year. In addition to a rebound in the decline, there will be no zero deficit, the Libertarian leader also admitted.