Inflation hit 3.1% in December, highest monthly figure of 2017
New data from INDEC shows consumer prices rose 24.8% over last year. Central Bank chief Federico Sturzenegger reduces base interest rates for the first time since mid-2016 – from 28.75 to 28 percent.
BUENOS AIRES TIMES
Argentina recorded more inflation in the last month of 2017 than Brazil did throughout that entire year, the INDEC statistics bureau officially confirmed on Thursday – 3.1 percent for December (the same figure as estimated by Congress two days...
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