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Ask HN: Has Argentina really lowered its inflation rate?

2 pointsby bnormative9 months ago
I have seen a lot of news that their monthly inflation rate as low as 5 percent for August.<p>Is that correct?

3 comments

pilaf9 months ago
Monthly inflation since December 2023 has followed these numbers:<p><pre><code> * Jan - 20.6% * Feb - 13.2% * Mar - 11% * Apr - 8.8% * May - 4.2% * Jun - 4.6% * Jul - 4% </code></pre> So yes, inflation has gone down.<p>Inflation for August is not yet known, as it&#x27;s only measured for the completed month and revealed a couple weeks into the following month. It&#x27;s expected that August should also hover around 4% though.<p>For comparison here are the last 6 months of 2023:<p><pre><code> * Jul - 6.3% * Aug - 12.4% * Sep - 12.7% * Oct - 8.3% * Nov - 12.8% * Dec - 25.5% </code></pre> Source: <a href="https:&#x2F;&#x2F;www.indec.gob.ar&#x2F;indec&#x2F;web&#x2F;Nivel4-Tema-3-5-31" rel="nofollow">https:&#x2F;&#x2F;www.indec.gob.ar&#x2F;indec&#x2F;web&#x2F;Nivel4-Tema-3-5-31</a>
meiraleal9 months ago
Pretty much the opposite. Poverty doubled in the last 12 months in Argentina, things are going really bad there
JojoFatsani9 months ago
Do you believe credible news outlets or do you believe anonymous commenters on a technology forum?
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