Inflation in Argentina closed 2022 at 94.8%

Inflation in Argentina closed 2022 at 94.8%

Inflation in Argentina closed 2022 at 94.8%

Inflation in Argentina closed 2022 at 94.8%

Economy and Business > price rise

It was the highest record in the last 32 years

Prices in Argentina

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January 12, 2023 at 16:09

Argentine inflation for 2022 was 94.8%, as reported on Thursday by the National Institute of Statistics and Censuses (Indec) that published the Consumer Price Index (CPI) for December. In that month, the variation was 5.1%.

In this way, last year’s accumulated inflation was the highest since 1990, when it stood at 1,343.9%, and substantially above the 57.7% that the previous economic management, led by Martín Guzmán, had calculated for the 2022 Budget.

With information from The Chronicler

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