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November 13, 2024
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October inflation was the lowest in almost three years

October inflation was the lowest in almost three years

In October, the inflation registered an increase of 2.7%, marking the lowest monthly rate in almost three years. This data, provided by the National Institute of Statistics and Censuses (Indec), reflects a significant slowdown in the rate of increase in consumer prices, compared to the 3.5% recorded in September.

Over the last twelve months, the inflation accumulated reached 193%, which, although still high, shows a downward trend from the peak of 289.3% recorded previously.



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