World News@lemmy.worldEnglish · 3 months ago

Argentina inflation slows to 4% in July after spiking month earlier

www.reuters.com

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Argentina inflation slows to 4% in July after spiking month earlier

www.reuters.com

Shardikprime@lemmy.world to

World News@lemmy.worldEnglish · 3 months ago

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3 months ago
Note, that’s monthly inflation.

In the US we normally discuss annual or annualized inflation. So 4% monthly would be described as 60% annualized inflation. The actual YoY inflation in Argentina is 263%.

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