Prices in Argentina rose 4.1 % in April and 46.3 % year on year

RIO DE JANEIRO, BRAZIL – Consumer prices in Argentina registered last April a 4.1 % increase compared to last March and a 46.3 % year-on-year rise, the National Institute of Statistics and Censuses (Indec) reported on Thursday.

The evolution of prices in April revealed a slight slowdown compared to March, when inflation was 4.8 %, the highest rate since September 2019.

According to the official report released on Thursday, goods last month had a positive variation of 4.7 % compared to March, while services rose by 2.5 %, data that amount to 54 % and 30.4 %, respectively, in the year-on-year comparison.

Related coverage: Argentine producers sell 17.3 million tons of soybeans; pace is slower than last year · Macron hopes Argentina reaches an agreement "as soon as possible" with the IMF · Argentine President returns to his country after a "very productive" European tour · Alberto Fernández believes that Venezuela's human rights problem "was disappearing"

More: Argentina news in English, every day from The Rio Times.

This article was produced by The Rio Times’ automated newsroom system. How we use AI · Report an error · Editorial responsibility: Matthias Camenzind, Editor-in-Chief