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Inflation drops to 1.7% in August, the lowest in 14 months

However, core inflation remained unchanged from the July figure La entrada Inflation drops to 1.7% in August, the lowest in 14 months se publicó primero en Buenos Aires Herald .

Argentina's inflation rate fell to 1.7% in August, the lowest level in 14 months, according to the National Institute of Statistics and Censuses (INDEC). This decline comes after a rate of 2.1% in July, and marks the second time this year that inflation has dropped below the 2% threshold. The core inflation rate remained steady at 1.8%. Year-on-year prices increased by 33.5%, and cumulative inflation for the year to date reached 21.3%.

Brief written by urgent.news from Buenos Aires Herald's own syndicated text. Machine-written — may contain errors; check the original before relying on it.

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