Argentina’s February inflation rose to 2.4%, consistent with analyst predictions. The annual inflation rate decreased to 66.9% from 84.5% in January, though it still exceeded forecasts.
Argentina’s inflation rate for February rose to 2.4%, as reported by the INDEC statistics agency, aligning with analyst forecasts. This represents an increase from January’s inflation rate of 2.2%. Meanwhile, the annual inflation for the twelve months ending in February registered at 66.9%, which is a reduction from January’s rate of 84.5%, although it slightly exceeds the expectations set by analysts surveyed by Reuters.
In summary, Argentina’s inflation rate has shown signs of acceleration in February, reaching 2.4%. While the annual rate has decreased from the previous month, it remains above analyst expectations. These trends indicate ongoing economic challenges for the country, requiring careful monitoring.
Original Source: www.tradingview.com
