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Inflation gradually fell throughout 1980 to below 100%. [126] In 1978 and 1979, the real exchange rate appreciated because inflation consistently outpaced the rate of depreciation. [126] The overvaluation ultimately led to capital flight and a financial collapse. [126] The failure of Banco de Intercambio Regional, in March 1980, led to runs on ...
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 ...
For most of the period between 1975 and 1990, Argentina experienced hyperinflation (averaging 325% a year), poor or negative GDP growth, a severe lack of confidence in the national government and the Central Bank, and low levels of capital investment. After eight currency crises since the early 1970s, inflation peaked in 1989, reaching 5,000% ...
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 ...
Argentina's statistics agency on Tuesday reported October's number. In September, inflation was 3.5%. Argentina's monthly inflation drops to 2.7%, the lowest level in 3 years
Argentina's monthly inflation rate in May was likely the lowest since 2022 amid a tough austerity drive by libertarian President Javier Milei, but with annual inflation still near 300% many ...
Prices rose at a rate of 8.8% last month, the Argentine government statistics agency reported, down from a monthly rate of 11% in March and well below a peak of 25% last December, when Milei became president with a mission to combat Argentina’s dizzying inflation, among the highest in the world.
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 ...