Argentina: Inflation falls to over two-year low in January

Inflation falls to over two-year low in January

Latest reading:

Latest reading: Inflation dropped to 84.5% in January from December’s 117.8%. January’s figure represented the lowest inflation rate since September 2022 and was driven by moderating price pressures across a range of subsectors.

Annual average inflation fell to 196.8% in January (December: 219.9%).

Lastly, consumer prices rose 2.21% in January over the previous month, coming in below December’s 2.70% increase. January’s result marked the weakest reading since July 2020 and was slightly below market expectations.

Inflation dropped to 84.5% in January from December’s 117.8%. January’s figure represented the lowest inflation rate since September 2022 and was driven by moderating price pressures across a range of subsectors.

Annual average inflation fell to 196.8% in January (December: 219.9%).

Lastly, consumer prices rose 2.21% in January over the previous month, coming in below December’s 2.70% increase. January’s result marked the weakest reading since July 2020 and was slightly below market expectations.