Argentina Logs Lowest Inflation in Five Years

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Argentina Logs Lowest Inflation in Five Years

The National Institute of Statistics and Census of Argentina announced that the inflation rate during January was 2.2 percent.

El Pais

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The year-on-year CPI reaches 84.5% and breaks the three-digit floor for the first time since February 2023

opisantacruz.com.ar

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Inflation slowed to 2.2% in January, registering its lowest level since July 2020 and accumulating 84.5% in the last twelve months, thus perforating the three-digit barrier. The Ministry of Economy stressed that the data confirms the “continuity of the deinflation process“. In this sense, the annual variation of 84.5% marked the ninth consecutive month of year-on-year comparison and was the lowest since September 2022. “The deepening of the dein…

data24.com.ar

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The year-on-year variation reached 84.5%, with a decline compared to 2.7% in December.The entry January inflation was the lowest since July 2020: The fall “is inevitable and we hope it will continue to surprise” was first published on Data 24.

Tucumán Despierta

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The figure showed a deceleration of 0.5 percentage points compared to December. The indicator of the first month of the year was driven by Restaurants and Hotels, and Housing, water, electricity, gas and other fuels. It is the lowest data of the Milei era. The inflation of January was 2.2% and accumulated 84.5% in [...]

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Restaurants and hotels led the inflation of the month with a rise of 6.2% monthly, followed by housing, water, electricity, gas and other fuels with 4%. Prices were also driven by health, which in January increased 3.1%. In addition, the increase in recreation and culture was highlighted with 2.6%. At year-on-year level, in the ranking of the segments with the most increase is housing, water, electricity, gas and other fuels with 223.7%, followe…