Inflation edged up 1.9% in September, lifting annual rate to 33.4%
September’s consumer price index rose by 0.2 percentage points from August, according to INDEC; Food prices a concern; Inflation so far this year now totals 23.6%. Leer más
Inflation in Argentina rose to 1.9% in September, pushing the annual rate to 33.4%, according to the INDEC national statistics bureau. Consumer prices have risen 23.6% so far this year, with five out of the 12 categories tracked by INDEC recording price increases above the overall Consumer Price Index (CPI). Housing, water, electricity, gas, and other fuels saw the sharpest increase at 3.1%, followed by education at 3%.
The rate accelerated after easing to 1.7% in August, with President Javier Milei’s government aiming to bring inflation down and keep it below a monthly two-percent target.
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