ECONOMIC INDICATORS

Inflation edges up slightly in Milei's Argentina, surpassing expectations

INDEC’s index shows consumer prices rose by 0.3 points compared with September, slightly higher than market expected; Annualised inflation now running at 33.1%.

Shoppers at a wholesale supermarket in Argentina. Foto: na

Argentina’s INDEC national statistics bureau reported Thursday that inflation totalled 2.2 percent in October, a rise of 0.3 points on the previous month.

Consumer prices have accelerated by 26.3 percent since the turn of the year and by 33.1 percent over the last 12 months, according to the institute.


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