Argentina's Monthly Inflation Rate Slowed Down More Than Expected

Argentina's Monthly Inflation Rate Slowed Down More Than Expected

theSun

The still sky-high monthly rate marks a deceleration from January, when prices rose 20.6%, and December, when they were up 25.5%. The 12-month rate through February rose to 276.2%, below a poll forecast of 282.1%, but cementing Argentina’s position as having the world’s worst inflation. Poverty is heading towards 60%, according to a report in February, while Unicef warned that child poverty in Argentina could even hit 70% in the first quarter of the year

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