Macroeconomy/Finance

Inflation slowed in January to 2.3%, official data

Inflation in January slowed to 2.3%, the lowest monthly rate recorded since July 2019, the National Institute for Statistics and Census (Indec) reported. The highest item was recreation and culture (5%) followed by food and beverages (4.7%). In December 2019, prices had increased in Argentina by 3.7%. Compared with data recorded in January 2019, the cost of living has increased by 52.9 percent on average.

Source: Buenos Aires Times