July inflation was 1.9%

Below market expectations, July inflation was 1.9% as reported on Thursday by the National Institute of Statistics and Census (INDEC). Variations in regulated and seasonal prices, and low exchange rate volatility helped keep the figure under control. Increases in electronic equipment and household appliances triggered a jump of 3.9% in the heading equipment and home maintenance, which led to the raise of the month.

Source: Ámbito

Categories: Macroeconomy/Finance