From Buenos Aires Times · · 50s
Argentina Inflation Rises to 1.9% in September
Argentina's inflation edged up 1.9% in September, lifting annual rate to 33.4%.
In brief
Argentina's inflation edged up 1.9% in September, lifting annual rate to 33.4%. Argentina's monthly inflation rose to 1.9% in September, increasing the annual rate to 33.4%. Originally reported by Buenos Aires Times.
Inflation Rises 1.9% in September
Argentina's inflation edged up 1.9 percent in September, lifting the annual rate to 33.4 percent.
Monthly Inflation Trend
Inflation has generally decelerated since April, though it peaked at 2.1 percent in July before easing to 1.7 percent in August.
Government Target
President Javier Milei's government aims to bring annual inflation down to single digits over the medium term.
Central Bank Forecast
The Central Bank's REM survey predicted 1.9 percent monthly inflation, with annual inflation expected to reach 30.3 percent by 2026.
Inflation Impact
Rising costs in housing, utilities, and food have strained household purchasing power amid government austerity measures.
The headline
Argentina's monthly inflation rose to 1.9% in September, increasing the annual rate to 33.4%.
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