Argentina: Inflation climbs in February
Consumer prices jumped 3.60% over the previous month in January, following the 4.00% surged logged in January, which had marked the fastest increase in over one year. In February, the sharpest increases in prices were recorded for restaurants and hotels, transport and for house equipment.
Inflation increased to 40.7% in February from January’s 38.5%, marking the fastest print in six months. Annual average inflation fell to 40.7% in February (January: 41.5%).