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The inflation rate in Argentina rose to 52.3 percent in February 2022 from 50.7 percent in the prior month, the steepest increase since September. [198] In August the interest rate was hiked to 69.5% as inflation further deteriorated hitting a 20-year high at 70% driven by many factors among them the 2021–2022 inflation surge and forecasted ...
In April 2016, monthly inflation rose to 6.7%, the highest since 2002, according to the indicator, with annual inflation reaching 41.7%, one of the highest in the world. [181] Another estimate said that inflation reached 37.4%, the fiscal deficit 4.8%, and predicted GDP would fall by 1.9%. [ 182 ]
World map by inflation rate (consumer prices), 2023, according to World Bank This is the list of countries by inflation rate. The list includes sovereign states and self-governing dependent territories based upon the ISO standard ISO 3166-1. Inflation rate is defined as the annual percent change in consumer prices compared with the previous year's consumer prices. Inflation is a positive value ...
1940-1949. Inflation rates took a turn during the 1940s and reached high points during and just after World War II. ... 1970: 5.8%. 1971: 4.3%. 1972: 3.3%. ... 2020-Present. While inflation has ...
Yet poverty rates jumped to 53% Monthly inflation dropped to 2.7% in December from 25.5% a year earlier, according to The Economist, citing data from INDEC, the national statistics office.
Argentina's inflation rate likely eased slightly in September to 6.7%, a Reuters poll of analysts showed, but remained stubbornly high overall, supporting forecasts that it could top 100% this ...
A 7-point underestimate in inflation could save the Central Bank of Argentina US$3 billion in inflation-indexed interest payments, while higher economic growth would cost added interest on bonds tied to GDP; hence, there is a short-run financial benefit to the government from a discrepancy between the two inflation readings in the table. [23 ...
Argentina's retail sales in the first quarter of 2024 fell nearly 20% compared to the year before, a clip comparable to that of the 2020 pandemic lockdowns. The consumption of beef — an Argentine classic — dropped to its lowest level in three decades this quarter, the government reported, prompting panicked editorials about a crisis in ...