Argentina: January inflation hits 2.9% and 12-month rate reaches 32.4%, INDEC says
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x Argentina’s inflation came in at 2.9% in January, taking the 12-month rate to 32.4%, according to the national statistics agency INDEC. The reading marked an acceleration of 0.1 percentage points from December. By division, Food and non-alcoholic beverages posted the largest monthly increase at 4.7%, followed by Restaurants and hotels (4.1%). By price category, seasonal items rose 5.7%, core CPI increased 2.6%, and regulated prices climbed 2.4%. The data release comes amid controversy
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