3 ms·
Those are annual (over-the-prior-year) numbers, not monthly ones. When there is a rapid swing like this it makes more sense to look at monthly inflation (a much
by jml7c5 2y ago
Those are annual (over-the-prior-year) numbers, not monthly ones. When there is a rapid swing like this it makes more sense to look at monthly inflation (a much better approximation of the rate right now), which is at the lowest it's been in four years.
The relevant graph is here: https://tradingeconomics.com/argentina/inflation-rate-mom https://tradingeconomics.com/argentina/inflation-rate-mom